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Jbranson87 Jbranson87
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6 months ago

Consider the area between the line of perfect income equality and the Lorenz curve. In country A this area is larger than in country B. It follows that



▸

the bottom 20 percent income group receives a lower percentage of total income in country A than in country B.



▸

the bottom 20 percent income group receives a lower percentage of total income in country B than in county A.



▸

the top 20 percent income group receives a higher percentage of total income in country B than in country A.



▸

the top 20 percent income group receives a higher percentage of total income in country A than in country B.



▸

none of the above

Textbook 
Economics

Economics


Edition: 12th
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dhk72dhk72
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6 months ago
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