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Lorenz Curve and Gini Coefficient
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Lorenz Curve and Gini Coefficient
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16. Income Inequality and Poverty / Lorenz Curve and Gini Coefficient / Problem 3
Problem 3
What does a Lorenz curve that lies completely along the horizontal axis and then vertically at the end represent?
A
Complete income inequality.
B
Complete income equality.
C
Random income distribution.
D
Moderate income inequality.
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