The function of a Lorenz curve is to O A. illustrate the relative effect of inflation on each group of income recipients OB. show the ideal distribution of income in a country. C. plot the relati...

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The function of a Lorenz curve is to O A. illustrate the relative effect of inflation on each group of income recipients OB.

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The Lorenz curve shows the distribution of income in the nation, the straighter the curve the more equal the income distribution is and the more curve it is the unequal the nation is.

The answer is "B".

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The function of a Lorenz curve is to O A. illustrate the relative effect of inflation on each group of income recipients OB. show the ideal distribution of income in a country. C. plot the relati...

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The function of a Lorenz curve is to O A. illustrate the relative effect of inflation on each group of income recipients OB. show the ideal distribution of income in a country. C. plot the relati...

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The function of a Lorenz curve is to O A. illustrate the relative effect of inflation on each group of income recipients OB. show the ideal distribution of income in a country. C. plot the relati...

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The function of a Lorenz curve is to O A. illustrate the relative effect of inflation on each group of income recipients OB. show the ideal distribution of income in a country. C. plot the relati...