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    Microeconomics Australia
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    Exam 19: Economic Inequality
  5. Question
    If the Lorenz Curve for Income Moves Upward Toward the 45°
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If the Lorenz Curve for Income Moves Upward Toward the 45°

Question 3

Question 3

Multiple Choice

If the Lorenz curve for income moves upward toward the 45° line, then the


A) total household income decreased.
B) total household income increased.
C) mean (average) household income increased.
D) distribution of income has become more unequal.
E) distribution of income has become more equal.

Correct Answer:

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