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The Lorenz curve is used to show which of the following?

A The total income generated from all activities

B The degree of inequality in the distribution of income within a country

C The progressivity of the income tax structure within a country

D The extent of wage differences among workers in similar occupations

E The change in the poverty rate within a country over time​

Sagot :

bpurnell
Lorenz curve is a graphical representation of the distribution of income or wealth within a population. Lorenz curves, along with their derivative statistics, are widely used to measure inequality across a population.
abiolataiwo2015

The Lorenz curve is used to show: B The degree of inequality in the distribution of income within a country.

What is Lorenz curve?

Lorenze curve can be defined as the curve that help to show how income is share or distributed within a country.

Lorenz curve is important as it play a major role when it comes to how wealth or income should be share in a country by using a pictorial representation to show inequality in income.

Inconclusion the Lorenz curve is used to show: B The degree of inequality in the distribution of income within a country.

Learn more about lorenz curve here:https://brainly.com/question/25751847

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