Examlex

Solved

Use the Table Below to Answer the Questions

question 94

Essay

Use the table below to answer the questions.
(a)Draw a Lorenz curve for countries A,B,and C in the table below.
(b)Which country has the least equal distribution of income? The most equal distribution?
 Percent of Income  Quirtile  A  B  C  Lowest 8.510.22.3 fifth  Second 10.115.26.1 fifth  Third fifth 12.518.312.3 Fouth fifth 15.123.118.1 Highest 53.833.261.2 fifth \begin{array}{c}{ \text { Percent of Income } } \\\begin{array} { l l l l } \text { Quirtile } & \text { A } & \text { B } & \text { C } \\\hline \text { Lowest } & 8.5 & 10.2 & 2.3 \\\text { fifth } & & & \\\text { Second } & 10.1 & 15.2 & 6.1 \\\text { fifth } & & & \\\text { Third fifth } & 12.5 & 18.3 & 12.3 \\\text { Fouth fifth } & 15.1 & 23.1 & 18.1 \\\text { Highest } & 53.8 & 33.2 & 61.2 \\\text { fifth } & & &\end{array}\end{array}  Use the table below to answer the questions. (a)Draw a Lorenz curve for countries A,B,and C in the table below. (b)Which country has the least equal distribution of income? The most equal distribution?   \begin{array}{c} { \text { Percent of Income } } \\ \begin{array} { l l l l }   \text { Quirtile } & \text { A } & \text { B } & \text { C } \\ \hline \text { Lowest } & 8.5 & 10.2 & 2.3 \\ \text { fifth } & & & \\ \text { Second } & 10.1 & 15.2 & 6.1 \\ \text { fifth } & & & \\ \text { Third fifth } & 12.5 & 18.3 & 12.3 \\ \text { Fouth fifth } & 15.1 & 23.1 & 18.1 \\ \text { Highest } & 53.8 & 33.2 & 61.2 \\ \text { fifth } & & & \end{array}\end{array}


Definitions:

Age Groups

Categorizations of populations based on age, often used in research, marketing, and policy development to address specific needs or characteristics.

Polyydrug Use

The concurrent use of multiple drugs or substances, often to enhance the effect of a primary drug or to counteract its negative side effects.

Hispanic Americans

Refers to individuals in the United States who are descendants of people from countries of Latin America and Spain.

African American

Denotes Americans of African descent, particularly those whose ancestors were enslaved and transported to the United States.

Related Questions