The Following Income Distribution Data Are for Brazil (A) Carefully Graph the Lorenz Curve, Labeling the Axes

question 4

Short Answer

The following income distribution data are for Brazil.
$$\begin{array} { l c } \hline { \text { Quintile } } & \text { Percent Share } \\\hline \text { Lowest } 20 \% & 3.0 \% \\\text { Second quintile } & 6.9 \% \\\text { Third quintile } & 11.8 \% \\\text { Fourth quintile } & 19.6 \% \\\text { Highest } 20 \% & 58.7 \% \\\text { Highest } 10 \% & 43.0 \%\end{array}$$
(a) Carefully graph the Lorenz curve, labeling the axes.

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