Microeconomics,, 16th Canadian Edition

(rishikesh) #1

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b. The size distribution of income refers to the distribution
of national income among , regardless of the source
of income.
c. A Lorenz curve that is coincident with the 45° line tells us
that every household earns the income.
d. Among a range of Lorenz curves from different countries,
the curve furthest away from the 45° diagonal line
represents the most distribution of income.

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