-Refer to Figure 17-4. Rank the above panels in terms of most unequal income distribution to least unequal income distribution.
A) Panel A, Panel B, Panel C
B) Panel B, Panel C, Panel A
C) Panel A, Panel C, Panel B
D) Panel C, Panel B, Panel A

Question

-Refer to Figure 17-4. Rank the above panels in terms of most unequal income distribution to least unequal income distribution.
A) Panel A, Panel B, Panel C 
B) Panel B, Panel C, Panel A 
C) Panel A, Panel C, Panel B 
D) Panel C, Panel B, Panel A

Quizplus · Accepted Answer

The Lorenz Curve is used to represent income distribution, where a straight diagonal line (45-degree line) indicates perfect equality. The further away the curve is from this line, the more unequal the income distribution. In this scenario, without seeing the figure, the correct ranking from most to least unequal can't be determined definitively. However, based on how these questions are typically structured, the answer provided assumes a hypothetical ranking based on common interpretations of such curves.