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Kyuubi Kyuubi
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6 years ago
Which of the following is not true of the Lorenz curve?
A) The diagonal straight line shows complete equality of income
B) The closer the Lorenz curve is to the diagonal line, the greater the inequality
C) The closer the Lorenz curve is to the diagonal line, the greater the equality
D) The inequality of income distribution can be measured by the area enclosed by the Lorenz curve and the diagonal line expressed as a proportion of the area of the triangle formed by the diagonal line
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Microeconomics

Microeconomics


Edition: 2nd
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JavaewJavaew
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6 years ago
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Kyuubi Author
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Helped a lot
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