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Why a Lorenz curve can never lie to the left or above the 45-degree line? Group of answer choices Because it is constructed by ordering
Why a Lorenz curve can never lie to the left or above the 45-degree line? Group of answer choices Because it is constructed by ordering income recipients from richest to poorest. Because it is constructed by ordering income recipients from poorest to richest. Because the Production Possibilities Curve (PPC) in reality is non-linear. None of the above
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