If All Households in a Nation Receive the Same Income,the

Multiple Choice

If all households in a nation receive the same income,the nation's Lorenz curve

A) is horizontal.
B) is vertical.
C) is a 45° line.
D) runs along the horizontal axis until it reaches 50 percent of households and then runs vertically up to 100 percent of income.
E) runs along the horizontal axis until it reaches 100 percent of households and then runs vertically up to 100 percent of income.