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lpn27 lpn27
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A year ago
In a Lorenz curve diagram, the size of the area between the Lorenz curve and the diagonal line represents

▸ the percentage of income received by the bottom 20% of families.

▸ the dollar incomes of the bottom 40% of families.

▸ complete income equality.

▸ the percentage of income received by the top 5% of families.

▸ the degree of inequality in the distribution of income.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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kady_kelsey2kady_kelsey2
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A year ago
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lpn27 Author
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A year ago
Good timing, thanks!
sudenzia
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
courtneyrmcd
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2 hours ago
Thanks
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