Suppose following estimates from the 1990s of shares of, Ask an Expert

Economics

Consider the following estimates from the 1990s of shares of income of each group. Draw a rough Lorenz curve for each country. Which has the most nearly equal distribution, based on your diagram.

Country Poorest 40% Next 30% Next 20% Richest 10%
Bolivia 13 21 26 40
Chile 13 20 26 41
Uruguay 22 26 26 26

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9293898

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