The Following Diagram Shows Three Lorenz Curves for Countries A,B,and

question 88

Essay

The following diagram shows three Lorenz curves for countries A,B,and C.The area between the Lorenz curve and the diagonal is 1,000 for Country A,2,000 for Country B,and 2,500 for Country C.(The entire area under the diagonal is 5,000 because the area of the triangle is ½ × (base × height)= ½ × (100 × 100)= 5,000. )
(1)Calculate the Gini coefficient for each country.
(2)Based on the Gini coefficient,which country has the most equal distribution of income? Which country has the least?

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Definitions:

Sublimation

A defense mechanism where socially unacceptable impulses or idealizations are unconsciously transformed into socially acceptable actions or behavior.

Object Relations Theory

A psychoanalytic theory suggesting that relationships and interactions with significant others, especially parents, during infancy shape an individual's personality and relationships in adulthood.

Melanie Klein

A pioneering figure in psychoanalysis, particularly known for her work in child analysis and her theories on the importance of fantasy, play therapy, and the early stages of child development.

Collective Unconscious

A concept in Jungian psychology referring to a part of the unconscious mind which is shared among beings of the same species and contains universal experiences.