Top Posters
Since Sunday
e
5
R
5
e
4
4
d
4
o
3
p
3
t
3
3
m
3
p
3
m
3
New Topic  
katerooshkie katerooshkie
wrote...
Posts: 139
Rep: 0 0
A year ago
The Lorenz Curve and the Gini Coefficient

The graph shows a Lorenz curve.

For Iniquus, the area of A=375 and the area of B=750. What is the Gini coefficient? Suppose that in Aequus, the area of A=210 and the area of B=915. What is the Gini coefficient? Which country has more income inequality?
Please round your final answer to two decimal places.

▸ 0.50, 0.23, Iniquus

▸ 0.33, 0.19, Iniquus

▸ 0.50, 0.23, Aequus

▸ 0.33, 0.23, Aequus
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 44 times
1 Reply
Replies
Answer verified by a subject expert
catdastercatdaster
wrote...
Posts: 124
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 120 words.
1

Related Topics

katerooshkie Author
wrote...

A year ago
Thank you, thank you, thank you!
ky
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
Thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1036 People Browsing
Related Images
  
 3877
  
 763
  
 446