When this figure demonstrated Lorenz curves for distribution of income after taxes and transfers, in that case it is UNTRUE of the Lorenz curves demonstrated in this demonstrated figure that: (1) line 0E0' represents a Lorenz curve of perfect equality. (2) line 0A0' represents a Lorenz curve where only one family receives income. (3) line 0D0' shows a more equal distribution of income than line 0C0'. (4) an increase in income tax progressivity would be likely to move the Lorenz curve from line 0D0' to line 0C0'.
![1718_Problem on Lorenz Curve.png](https://secure.tutorsglobe.com/CMSImages/1718_Problem%20on%20Lorenz%20Curve.png)
Hello guys I want your advice. Please recommend some views for above Economics problems.