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maximus5 maximus5
wrote...
Posts: 378
5 years ago
Some economists criticize the Lorenz curve because it
A) accounts for differences in the size of households when it should not.
B) does not include the cumulative percentage of households.
C) does not include unreported income earned in the underground economy.
D) represents the inequality of lifetime income when it should just look at a specific time period.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Answer verified by a subject expert
einsteineinstein
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Posts: 136
5 years ago
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maximus5 Author
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5 years ago
Helps a lot... Now I'm ready for my quiz
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