0.43 0.15 0.3 0.7 Poly Law Ca Population Poted begaly The figure shows a Lorenz curve. If Area A is equal to 0.15 and Area B is equal to 0.35, what is the Gini coefficient? (Answers are rounded to two decimal places) 201

0.43 0.15 0.3 0.7 Poly Law Ca Population Poted begaly The figure shows a Lorenz curve. If Area A is equal to 0.15 and Area B is equal to 0.35, what is the Gini coefficient? (Answers are rounded to two decimal places) 201

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter15: Poverty And Economic Inequality

Section: Chapter Questions

Problem 7SCQ: Table 15.9 shows the share of income going to each quintile of the income distribution for the...

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Question

0.43
0.15
0.3
0.7
Cumulative of Income
Putouilly
Carve
Cumulative of Population
Poted begally
Line
The figure shows a Lorenz
curve. If Area A is equal to
0.15 and Area B is equal to
0.35, what is the Gini
coefficient? (Answers are
rounded to two decimal
places)

Cumulative % of Income
100-
0-
0
The figure shows a Lorenz
curve. If Area A is equal to
0.15 and Area B is equal tot
Perfect Equality
Line
A
Lorenz
Curve
B
Cumulative % of Population
Perfect Ineq
Line
100

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