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Figure 1 8 - 7 shows the Lorenz curve for a hypothetical country. Refer to Figure 1 8 - 7 . The second lowest 2

Figure 18-7 shows the Lorenz curve for a hypothetical country.
Refer to Figure 18-7. The second lowest 20 percent of households - the 2 nd quintile between the 20% and 40% on the "x" axis. Hint: this is a bit tricky, you have to find the percentage for just this quintile. You'll do a subtraction!
A) earn 12 percent of the society's total income.
B) earn 16 percent of the society's total income.
C) earn 28 percent of the society's total income.
D) earn 40 percent of the society's total income.
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