Inductive arguments aim to show not that the conclusion must be true but rather that it is likely true. ... No inductive argument aims to prove its conclusion with certainty. Mathematical arguments are a type of deductive argument. Cause-and-effect reasoning is a type of deductive argument. So false
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:
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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.
Cuarto para la seis or cinco cuarenta cinco
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