Which of the following statements is true? a. Income distribution in the United States has become more
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Which of the following statements is true?
a. Income distribution in the United States has become more unequal since 1929.
b. The Lorenz curve indicates the degree of discrimination in an economy.
c. The Lorenz curve indicates the degree of income inequality in an economy.
d. The richest 5 percent of Americans earn approximately half of the nation’s income.
e. All of the above.
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