The above figure shows the Lorenz curves for four different countries. If country C implemented a policy of redistribution from rich to poor, its Lorenz curve would

A) move toward country B's.
B) move toward country D's.
C) become positively sloped.
D) move above the line of equality.

A

Economics

You might also like to view...

In 2016, interest payments on the national debt accounted for almost _____ of federal outlays

a. 7 percent b. 25 percent c. 14 percent d. 52 percent e. 40 percent

Economics

Since the end of World War II, the U.S. price level has: a. increased tenfold

b. increased by an average of 10 percent each year. c. increased and decreased with equal regularity, leaving the price level almost constant. d. increased by 50 percent. e. doubled.

Economics