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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 18: Income Distribution and Poverty
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    Exhibit 18-1 Exhibit 18-1 Shows Five Different Lorenz Curves
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Exhibit 18-1 Exhibit 18-1 Shows Five Different Lorenz Curves

Question 23

Question 23

Multiple Choice

Exhibit 18-1 Exhibit 18-1   Exhibit 18-1 shows five different Lorenz curves.Along the Lorenz curve labelled a, the poorest 60% of the population earns what proportion of the total income? A) 20% B) 40% C) 60% D) 80% E) 100% Exhibit 18-1 shows five different Lorenz curves.Along the Lorenz curve labelled a, the poorest 60% of the population earns what proportion of the total income?


A) 20%
B) 40%
C) 60%
D) 80%
E) 100%

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