Could functional distribution of income also be a correct an
Could functional distribution of income also be a correct answer for the Lorenz curve?
Solution
Lorenz curve is a graphical distribution of income or of wealth
It is often used to represent income distribution where it shows for botton x% of households and what y% income they have.
Functional distribution of income can be a solution because it increases the equality among the group of people. It is different than distribution of personal income.
