The Following Income Distribution Data Define Points on Lorenz Curves

question 91

Multiple Choice

The following income distribution data define points on Lorenz curves, where x represents the fraction of a certain country's population and L(x) the cumulative percent of income held by fraction x. Use this data and a numerical method to evaluate and hence to find the Gini coefficient of income for this country in 1995 and 2003. Round your answers to three decimal places.

• A)​ ​
• B)​ ​
• C)​ ​
• D)​ ​
• E)​ ​​ ​

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