Can you look at the attached question? Assume that you want to decide whether Country A or Country B to live. You have only14information about cumulative percentage of income distribution functions of -x² +15Ex for country A and x +x for country B. A) Which country do you prefer and151212why ?relevant economics theory ?B) Prove your decision numerically, graphically, and with respect to

The statistical measure of income inequality is expressed through Gini coefficient. The value lies…

Assume that you want to decide whether Country A or Country B to live. You have only information about cumulative percentage of income distribution functions of 144x² + 15 15 x for country A and 114x²+12x for country B. A) Which country do you prefer and B) Prove your decision numerically, graphically, and with respect to why? relevant economics theory?

Assume that you want to decide whether Country A or Country B to live. You have only information about cumulative percentage of income distribution functions of 144x² + 15 15 x for country A and 114x²+12x for country B. A) Which country do you prefer and B) Prove your decision numerically, graphically, and with respect to why? relevant economics theory?

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter33: Income, Income Distribution, And Poverty

Section: Chapter Questions

Problem 5E

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