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1 Nov 2020
1. Government tax and transfer payments generally
a. shift the Lorenz curve away from the line of equality.
b. shift the Lorenz curve toward the line of equality.
c. have no effect on the Lorenz curve.
d. shift the Lorenz curve away from the line of equality at low incomes and toward it at high incomes.
1. Government tax and transfer payments generally
a. shift the Lorenz curve away from the line of equality.
b. shift the Lorenz curve toward the line of equality.
c. have no effect on the Lorenz curve.
d. shift the Lorenz curve away from the line of equality at low incomes and toward it at high incomes.
Raushan RajLv8
1 Nov 2020