Q2]Compute the Gini coefficient assuming the region beneath the two respective Lorenz curveis 0.4 for country A and 0.2 for country B.

Ginni Coffecient is calculated using the formula = A/(A+B) Given values A=0.4 and B = 0.2

Answered: Gini coefficient ler

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Gini coefficient ler

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter28: The Distribution Of Income And Poverty

Section: Chapter Questions

Problem 10QP

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Q2]
Compute the Gini coefficient assuming the region beneath the two respective Lorenz curve
is 0.4 for country A and 0.2 for country B.

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