Answered: Q8.4) Formula for Gini Coefficient…

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Q8.4) Formula for Gini Coefficient from Lorenz Curve A / A + B What does the A and B represent?

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter15: Poverty And Economic Inequality

Section: Chapter Questions

Problem 7SCQ: Table 15.9 shows the share of income going to each quintile of the income distribution for the...

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Q8.4)

Formula for Gini Coefficient from Lorenz Curve
A / A + B
What does the A and B represent?

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