1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ehidna [41]
3 years ago
14

If the Lorenz Curve were used to graph the distribution of income in an economy where all households earn the exact same income,

the graph would show a _____.
straight line and sloped diagonally downward

curved line and sloped diagonally upward

straight line and sloped diagonally upward

curved line and sloped diagonally downward
Law
1 answer:
Dmitrij [34]3 years ago
3 0

If the Lorenz Curve were used to graph the distribution of income in an economy where all households earn the exact same income, the graph would show a straight line and sloped diagonally upward

Answer: Option C

<u>Explanation: </u>

Max Lorenz had developed Lorenz Curve in the year 1905 which represents graphically the income or wealth inequality in a given population. A diagonal and straight line representing parity in distribution of income, which, accompanies the Lorenz curve.  

The area between curved line and the straight line showing the ratio of that area represents the inequality in the distribution of income in the population. Greater the difference between the straight line and the curve, higher is the inequality among the people with regards to the distribution of income in the economy.

You might be interested in
Were any of fdr’s actions during his first hundred days found to be unconstitutional? list and explain.
professor190 [17]

Yes Franklin Roosevelt's 1st New deal was declared unconstitutional by the supreme court of the United States in his first 100 days in office.

<h3>What was the New deal?</h3>

These were a series of programs that the president undertook during his stay in office. The reason for the deal was in order to alleviate hardship from the country.

The programs were intended to create employment in the country and also  give the people prosperity.

The Agricultural Adjustment Act (AAA) was declared unconstitutional.

Read more on the new deal here:brainly.com/question/14642503

4 0
3 years ago
A person who detains someone for shoplifting can be liable for false imprisonment if the detainee is held for an unreasonable ti
Gnesinka [82]
True but also if the person accused of shoplifting didn’t leave the store and was place in custody.
5 0
3 years ago
Read 2 more answers
If criminal behavior is learned, who taught the first criminal?
-BARSIC- [3]
Criminal behavior has been learned since the beginning of time so trust that it is a big cycle of learning from one ancestry to another to the present day. Although, not all criminal behavior is learned. In fact, some criminal behavior is caused by other factors including the labeling theory which states that one commits crimes simply due to them already being label as a criminal, so they conform to the beliefs and start to act out.
4 0
3 years ago
How was the Vietnamese Legal system formed
Vinil7 [7]

Answer: The Democratic Republic of Vietnam was established following the August Revolution of 1945. A new legal system was gradually formed alongside the government in order to strengthen the government and social management. The reality of the legal system is secured and brought into play on this basis.

Explanation: Hope that helps

5 0
3 years ago
こんにちは、この回答を翻訳していただきありがとうございますが、これらのポイントは他の誰かのためのものです!彼らは私のためにすべての割り当てをしました、なんて思慮深いのでしょう!私のために科学用で20〜28問の宿題をしたい場合は、この質問にコメントしてくださ
weqwewe [10]

Answer:

There lol

Explanation:

6 0
3 years ago
Other questions:
  • In California, is a misdemeanor assault on a police officer a violent crime and will affect the possibility of getting certain j
    11·1 answer
  • What skills does a President need to navigate through a typical<br> day?
    11·1 answer
  • If anyone knows about the types of courts please help​
    14·1 answer
  • Who is the chief executive in state government?<br> *I'll give 25 points*
    12·1 answer
  • Your friend wears earbuds while driving to school each day is this safe is it legal why or why not
    9·2 answers
  • Under florida law, what must be onboard a boat while towing a water-skier?.
    12·2 answers
  • This lesson reviewed how Supreme Court justices, as well as other
    8·1 answer
  • Scenario
    11·1 answer
  • 21. What % of all fatalities in traffic crashes involved at least one driver who was speeding
    6·1 answer
  • How would a catastrophic terrorist attack affect the American homeland security culture
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!