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1. Draw a Lorenz curve with equal distribution of income. Draw a Lorenz curve with less than
equal distribution. Use the Lorenz curve to define the Gini coefficient. 2. The table lists the
income distribution (by quintile) for the United States in 1950 and 2000, and for Brazil and
Sweden in 2005. Using these data, complete the table and construct Lorenz curves for each
country.

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1- Draw a Lorenz curve with equal distribution of income- Draw a Loren.pdf

  • 1. 1. Draw a Lorenz curve with equal distribution of income. Draw a Lorenz curve with less than equal distribution. Use the Lorenz curve to define the Gini coefficient. 2. The table lists the income distribution (by quintile) for the United States in 1950 and 2000, and for Brazil and Sweden in 2005. Using these data, complete the table and construct Lorenz curves for each country.