Question

Which curve diplays the least inequality among Lorenz Curves A, B, C and D?

Select one:

a. A

b. B

c. C

d. D

Answer 1

Solution:

The 45-degree straight line marks for the complete equality. So, any Lorenz curve lying farthest to this 45-degree line marks for most inequality, while any Lorenz curve lying nearest to the 45-degree line marks for least inequality. As the respective graph for the question is not given, I can't tell the exact correct option, but above identification will help you to choose the correct option (else you could update your question, and comment once done).