0.43 0.15 0.3 0.7 Poly Law Ca Population Poted begaly The figure shows a Lorenz curve. If Area A is equal to 0.15 and Area B is equal to 0.35, what is the Gini coefficient? (Answers are rounded to two decimal places) 201

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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0.43
0.15
0.3
0.7
Cumulative of Income
Putouilly
Carve
Cumulative of Population
Poted begally
Line
The figure shows a Lorenz
curve. If Area A is equal to
0.15 and Area B is equal to
0.35, what is the Gini
coefficient? (Answers are
rounded to two decimal
places)
Transcribed Image Text:0.43 0.15 0.3 0.7 Cumulative of Income Putouilly Carve Cumulative of Population Poted begally Line The figure shows a Lorenz curve. If Area A is equal to 0.15 and Area B is equal to 0.35, what is the Gini coefficient? (Answers are rounded to two decimal places)
Cumulative % of Income
100-
0-
0
The figure shows a Lorenz
curve. If Area A is equal to
0.15 and Area B is equal tot
Perfect Equality
Line
A
Lorenz
Curve
B
Cumulative % of Population
Perfect Ineq
Line
100
Transcribed Image Text:Cumulative % of Income 100- 0- 0 The figure shows a Lorenz curve. If Area A is equal to 0.15 and Area B is equal tot Perfect Equality Line A Lorenz Curve B Cumulative % of Population Perfect Ineq Line 100
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