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:
b. the pressure of rising population and more workers on the supply of land.
Explanation:
<em>An Essay on the Principle of Population</em> is a book published by Thomas Robert Malthus in 1798. This book was very significant during its time period as it was one of the first comprehensive studies of population. One of the main ideas of the book is that improvements in productivity (due to technology or increases in physical capital) often do not lead to lasting improvements in society, as they are offset by rising population that puts pressure on the supply of land. This would indicate that a rising population eventually leads to a rise in poverty.