Illustrate which country has the most equal distribution

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Reference no: EM1365299

The accompanying table shows income distribution for three countries:

a) Using this information, draw a Lorenz curve for each country. Remember to convert the above table into a cumulative % (see attached Lorenz curve file).

b) Which country has the most equal distribution of income?

c) Which country has the least equal?

d) What do you think is the cause(s) of the difference?

 

Reference no: EM1365299

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