The slope of a straight line increases as the numbers on the x-axis become larger

Because oil price increases reduce the consumption of oil, this discourages exploration for new sources of oil

Indicate whether the statement is true or false

As a tool that is used to measure inequality in the distribution of income, the Lorenz curve graphs

A) the cumulative percentage of income against the cumulative percentage of households. B) the percentage of total income received by each given percentage of households. C) the mean income, median income, and mode income against the percentage of households. D) the mean income received by households over time.