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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 …

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 …
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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

asked
User Steve Kim
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2 Answers

5 votes

Answer:

straight line and sloped diagonally downward

Step-by-step explanation:

answered
User Chilaxathor
by
8.6k points
4 votes
Straight line and sloped diagonally upward. Hopefully it’s right
answered
User Unplug
by
8.9k points
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