The lorenz curve is criticized for all of the following, Ask an Expert

Economics

The Lorenz curve is criticized for all of the following EXCEPT

that it does not account for the size differences of households.

that it does not account for age differences of households.

that it does not account for the impact of trade on the standard of living.

that it excludes transfers-in-kind income.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91696924

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