100 Lorenz Curve 80 60 40 Area = "A" Cumulative Percentage 20 40 60 80 100 of households Use the graph above. Assume the "A" in the graph labeled above is 0.12 (note that area "A" is the area between the line of perfect equality and the Lorenz Curve). Calculate the Gini Coefficient. Hint: convert the percentage of households and percentage of income to a ratio (100% = 1) prior to using the Gini Coefficient equation. Note: enter answer with only numerical values and round up to the nearest hundredth. For example, if you think the answer is "101.5845" then enter the answer "101.58" in the space below. 20 Cumulative Percentage of Income

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