6 Essay Questions 1) In the United States, do the poorest 20 percent of the households receive more or less than 5 percent of total income? 2) What is a Lorenz curve and what does it show? 3) “If the distribution of income was equal, the Lorenz curve would be a straight, 45° line.” Is the previous statement correct or incorrect? 4) What do the Lorenz curves for wealth and income in the United States look like? Which is closer to the line of equality? 5) What is the difference between wealth and income?
NEED A PERFECT PAPER? PLACE YOUR FIRST ORDER AND SAVE 15% USING COUPON:
