Multiple Choice
When China embarked on market changes towards urbanization and manufacturing in 1978, urban disposable incomes were 2.6 times greater than rural net income. By 2008 they were 3.3 times bigger. These market changes have led to
A) increased income inequality between rural and urban populations.
B) a decreased Gini ratio.
C) the Lorenz curve for income to move closer to the line of equality.
D) a movement towards a bell-shaped distribution of income.
Correct Answer:

Verified
Correct Answer:
Verified
Q332: A Lorenz curve can be used to
Q333: The table shows the distributions of market
Q334: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table
Q335: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure
Q336: The measured distribution of _ is a
Q338: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure
Q339: The lifetime income distribution of income is
Q340: In the U.S. in 2016 the percentage
Q341: Median household income in the United States
Q342: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure