The table provides data on peprcentage of total income earned by quintile in two communities, Malaya and Carribea. Community Q1 Q2 Q3 Q4 Q5 Malaya 8% 14% 18% 22% 38% Carribea 3% 10% 15% 24% 48% Using the data, manipulate the line segment in the graph to plot the Lorenz curve for Malaya. Malaya Carribea Q5 QI Q2 Q3 Q4 05 100 96 92 100 96 92
The table provides data on peprcentage of total income earned by quintile in two communities, Malaya and Carribea. Community Q1 Q2 Q3 Q4 Q5 Malaya 8% 14% 18% 22% 38% Carribea 3% 10% 15% 24% 48% Using the data, manipulate the line segment in the graph to plot the Lorenz curve for Malaya. Malaya Carribea Q5 QI Q2 Q3 Q4 05 100 96 92 100 96 92
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 47P: A group of 10 people have the following annual incomes:...
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69
Percent of Total Income (%)
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The table provides data on peprcentage of total income earned by quintile in two communities, Malaya and Carribea.
Community
Q1
Q2
Q3
Q4
Q5
Malaya
22%
38%
Carribea
3%
Using the data, manipulate the line segment in the graph to plot the Lorenz curve for Malaya.
%0%
24%
48%
15%
Malaya
Q5
Carribea
00 0
96
92
Q2 Q3 Q4 Q5
96
92
88
84
84
72
08
89
72
89
64
09
52
52
Q3
44
32
24
Q2
32
28.
24
45-degree line
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45-degree line
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12
20.
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Percent of Population (%)
4.
40
09
08
00
0.
09
Percent of Population (%)
40.
08
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Transcribed Image Text:Percent of Total Income (%)
69
Percent of Total Income (%)
P Completed 19 out of 20
Submit All
Question 1 of 20 >
The table provides data on peprcentage of total income earned by quintile in two communities, Malaya and Carribea.
Community
Q1
Q2
Q3
Q4
Q5
Malaya
22%
38%
Carribea
3%
Using the data, manipulate the line segment in the graph to plot the Lorenz curve for Malaya.
%0%
24%
48%
15%
Malaya
Q5
Carribea
00 0
96
92
Q2 Q3 Q4 Q5
96
92
88
84
84
72
08
89
72
89
64
09
52
52
Q3
44
32
24
Q2
32
28.
24
45-degree line
4.
45-degree line
8.
12
20.
Activate Windows
12.
Go to Settings to activate Windo
20.
Percent of Population (%)
4.
40
09
08
00
0.
09
Percent of Population (%)
40.
08
LAPTOP LOGIN
USERNAME: student
CH
PASSWORD: Broward1
F10
F11
F12
NumLk
Scr Lk
PrtSc
Pause
SysRq
Break
8.
6
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