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Question56 The farther away a Lorenz curve for income is from the line of equality, the more equally income is distributed more income there is to be distributed less equally income is distributed None of the other options are correct. more equally wealth is distributed ResetMaximum marks: 1 Flag question undefined

Options
A.more equally income is distributed
B.more income there is to be distributed
C.less equally income is distributed
D.None of the other options are correct.
E.more equally wealth is distributed
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The question concerns the Lorenz curve and how its distance from the line of equality relates to income distribution. Option 1: 'more equally income is distributed' — This is incorrect. When the Lorenz curve lies farther from the line of equality, it indicates greater inequa......Login to view full explanation

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