Figure 15.5 Figure 15.5 Shows the Lorenz Curves for Islandia and Syldavia

question 24

Multiple Choice

Figure 15.5

Figure 15.5 shows the Lorenz curves for Islandia and Syldavia.
-Refer to Figure 15.5.If area X = 2,060, area Y = 240, and area Z = 2,700, calculate the Gini coefficient for Islandia.

• A)0.41
• B)0.45
• C)0.70
• D)0.76

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