The Lorenz Curve for the Income Distribution in a Certain

question 252

Multiple Choice

The Lorenz curve for the income distribution in a certain country in 2005 is given by . Find the Gini coefficient of income for 2005 for this country. Round your answer to four decimal places. ​

• A) ​0.3576
• B) 0.4648
• C) 0.5614
• D) 0.2103
• E) 0.2668

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Definitions:

African-Americans

American citizens or residents of African descent, with a history rooted in the transatlantic slave trade and a significant impact on the cultural and social fabric of the United States.

Union League

An organization established during the American Civil War to support the Union's policies and to promote loyalty among its members.

Fifteenth Amendment

An amendment to the U.S. Constitution ratified in 1870, prohibiting the federal and state governments from denying citizens the right to vote based on "race, color, or previous condition of servitude."