If the area between the diagonal line of absolute equality and the Lorenz curve is greater for China than for the United States, we can conclude that the O Distribution of income in China is less equal than in the United States. O Relative distributions of income in the two countries are the same. Distribution of income in China is as equal as in the United States. Distribution of income in China is closer to being equal than in the United States.
If the area between the diagonal line of absolute equality and the Lorenz curve is greater for China than for the United States, we can conclude that the O Distribution of income in China is less equal than in the United States. O Relative distributions of income in the two countries are the same. Distribution of income in China is as equal as in the United States. Distribution of income in China is closer to being equal than in the United States.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![If the area between the diagonal line of absolute equality and the Lorenz curve is greater for China than for the United States, we can conclude that the
Distribution of income in China is less equal than in the United States.
Relative distributions of income in the two countries are the same.
O Distribution of income in China is as equal as in the United States.
O Distribution of income in China is closer to being equal than in the United States.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8c58952c-c7dd-4111-b4b9-cceeb51bdbb3%2F8237dfcb-0963-44e9-86a0-023b6005ef8c%2Fpjln8c9_processed.png&w=3840&q=75)
Transcribed Image Text:If the area between the diagonal line of absolute equality and the Lorenz curve is greater for China than for the United States, we can conclude that the
Distribution of income in China is less equal than in the United States.
Relative distributions of income in the two countries are the same.
O Distribution of income in China is as equal as in the United States.
O Distribution of income in China is closer to being equal than in the United States.
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