The accompanying table shows income distribution for three, Ask an Expert

Economics

The accompanying table shows income distribution for three countries:

a) Using this information, draw a Lorenz curve for each country. Remember to convert the above table into a cumulative % (see attached Lorenz curve file).

b) Which country has the most equal distribution of income?

c) Which country has the least equal?

d) What do you think is the cause(s) of the difference?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M967232

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