The Lorenz curve:.
a. is located closer to the diagonal today than it was in 1975.
b. plots...
Business, 07.08.2021 01:30 tatibean26
The Lorenz curve:.
a. is located closer to the diagonal today than it was in 1975.
b. plots graphically the distribution of income.
c. plots graphically the poverty rate over time.
d. is located farther from the diagonal when income is defined to include the value of noncash transfers.
Answers: 2
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