Suppose that two Lorenz curves for the same country, for years 1980 and 2005, are plotted together on the same diagram for comparison.If the curve for 2005 Is further from the 45-degree line than the curve for 1980,
what does this imply?
Select the correct answer below:
A. Income distribution was less equal in 1980 than in 2005.
B. Income distribution was less equal in 2005 than in 1980.
C. Income distribution was more equal in 2005 than in 1980.
D. None of the above.