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A Lorenz Curve Illustrates the Distribution of Income by Graphing

Question 20

Multiple Choice

A Lorenz curve illustrates the distribution of income by graphing the


A) cumulative percentage of income received and the cumulative percentage of households.
B) chance of a family earning a specific income.
C) wealth earned by a cumulative percentage of households.
D) cumulative frequency of specific incomes.
E) percentage change in income for a percentage change in population.

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