Suppose 10 percent of families make 10 percent of the income, 20 percent of the families make
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Suppose 10 percent of families make 10 percent of the income, 20 percent of the families make 20 percent of the income, and so forth. The Lorenz curve would
- A. be shaped like a backward L.
- B. be a 45-degree line.
- C. be strongly bowed away from the diagonal.
- D. coincide with the horizontal axis.
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