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Figure 18-5 Figure 18-5 Shows the Lorenz Curve for a Hypothetical Country

Question 99

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Figure 18-5
Figure 18-5     Figure 18-5 shows the Lorenz curve for a hypothetical country. -Refer to Figure 18-5.The middle 20 percent of households A) earn 20 percent of the society's total income. B) earn 36 percent of the society's total income. C) earn 48 percent of the society's total income. D) earn 50 percent of the society's total income.
Figure 18-5 shows the Lorenz curve for a hypothetical country.
-Refer to Figure 18-5.The middle 20 percent of households


A) earn 20 percent of the society's total income.
B) earn 36 percent of the society's total income.
C) earn 48 percent of the society's total income.
D) earn 50 percent of the society's total income.

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