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wrote...
Posts: 189
4 months ago
Which of the following is NOT a true statement about the Lorenz curve?

• The Lorenz curve does not include unreported income obtained from the underground economy.

• The Lorenz curve does not consider different sizes of households.

• The Lorenz curve includes both money income and income in kind.

• The Lorenz curve does not consider age differences among wage earners.
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Economics Today: The Micro View
Edition: 19th
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Posts: 167
4 months ago
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The Lorenz curve includes both money income and income in kind.
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