A Lorenz curve is an economic map that conveys the equality or inequality between wealth. This example depicts the amount of income percent and the percent of household that hold that income, thus in this graph the Lorenz curve is inequal.
Monday, November 21, 2011
Lorenz Curve
A Lorenz curve is an economic map that conveys the equality or inequality between wealth. This example depicts the amount of income percent and the percent of household that hold that income, thus in this graph the Lorenz curve is inequal.
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