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22. Suppose that all incomes in a country rise by the same proportion. How does this change the Lorenz curve? 23. Why has the urban sector often been favored in development policy making? What are the arguments for focusing more on the rural sector? 24. Show how the distribution of income in an economy changes when a BIG is introduced, funded by a proportional tax on income.<
22. Suppose that all incomes in a country rise by the same proportion. How does this change the Lorenz curve? 23. Why ha
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22. Suppose that all incomes in a country rise by the same proportion. How does this change the Lorenz curve? 23. Why ha
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