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lihui lihui
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5 years 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.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
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katiewillkatiewill
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5 years ago
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lihui Author
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5 years ago
Brilliant ツ
rene_ram97
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Helped a lot
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This site is awesome
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