Answer:
b. What perfect equality of the income distribution looks like compared to the actual income distribution
Explanation:
The Lorenz Curve is the graphical representation of the wealth distribution among the population. It is actually the distribution of income curve. Lorenz Curve was developed by Max Lorenz in the year 1906. This curve represents the proportion of income which is earned by a given percentage of the population. The Lorenz Curve which is more bowed out means there is higher income inequality in the country.
Thus it represents the perfect income equality distribution to that of the actual income distribution.
Hence the correct answer is (b).
Answer:
i would say as GDP rises so does employment
Explanation:
Answer: His groundbreaking discoveries in the science of electricity in the late 1740's and early 1750's catapulted him from obscure scientific amateur to status as the most famous American in the world. Franklin's fame thrust him onto an international stage and made possible his pivotal role in the American Revolution.
Explanation:
Hope this help you out
Benjamin Franklin was many things in his lifetime: a printer, a postmaster, an ambassador, an author, a scientist, a Founding Father. Above all, he was an inventor, creating solutions to common problems, innovating new technology, and even making life a little more musical.
Despite creating some of the most successful and popular inventions of the modern world, Franklin never patented a single one, believing that they should be shared freely: "That as we enjoy great Advantages from the Inventions of others, we should be glad of an Opportunity to serve others by any Invention of ours; and this we should do freely and generously."