If one person received all of the income in an economy, the Lorenz curve would a. rise

Chapter 0, Problem 3

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If one person received all of the income in an economy, the Lorenz curve would a. rise steadily until the middle of the graph, and then fall. b. be upward-sloping. c. be downward-sloping. d. be vertical on the left side of the graph. e. lie along the horizontal axis except at the far right side of the graph.

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