Consider two countries, A and B. Country A has a more egalitarian distribution of incomes if
a. it has a lower Gini coefficient than B
b. the Lorenz curve for B lies above the one for A
c. the percentage of the population below the poverty line is higher in B
d. its Lorenz curve intersects from above B's Lorenz curve
e. its Lorenz curve intersects from below B's Lorenz curve
A
You might also like to view...
Refer to the figure below. If Jess chooses A, then Cory's best response is: 
A. to choose the cell in which Cory's payoff is 10. B. non-existent. C. to choose B. D. to choose A.
Compared to a perfect competitor, the colluding oligopolist
A. charges a higher price. B. has a higher ATC and is therefore less efficient. C. restricts output. D. All of the choices are correct.
The best measure of average income for a country is
A. Per capita GDP. B. Real GDP. C. The economic growth rate. D. The capital stock of the economy.
Suppose a medical study reveals new benefits to consuming beef and at the same time a bumper corn crop reduces the cost of feeding steers. The equilibrium quantity of beef will Question 7 options:
A. stay the same. B. perhaps increase, decrease, or stay the same, but more information is needed to determine which it does. C. definitely either stay the same or decrease. D.decrease. E. increase.