8. (3 points) Consider the following graph describing Lorenz curves for countries A and B. L M Percentage of Income 10 1
Posted: Wed Jul 06, 2022 6:17 pm
8. (3 points) Consider the following graph describing Lorenz curves for countries A and B. L M Percentage of Income 10 1 I 20 30 40 50 60 70 80 90 100 Percentage of Population 45° B Which country has greater income inequality? (a) Country A (b) Country B (c) Both countries have the same level of income inequality. (d) It cannot be determined which country has greater income inequality with the information given.