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In an Effort to Make the Distribution of Income More

Question 141

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In an effort to make the distribution of income more nearly equal, the government of a country passes a tax law that changes the Lorenz curve from In an effort to make the distribution of income more nearly equal, the government of a country passes a tax law that changes the Lorenz curve from for 2004 to for 2005. Find the Gini coefficient of income for both years. Round your answer to six decimal places. ​ A) 2004: 0.317536 2005: 0.155385 B) 2004: 0.416149 2005: 0.208966 C) 2004: 0.256705 2005: 0.123673 D) 2004: 0.215434 2005: 0.102712 E) 2004: 0.603604 2005: 0.318947 for 2004 to In an effort to make the distribution of income more nearly equal, the government of a country passes a tax law that changes the Lorenz curve from for 2004 to for 2005. Find the Gini coefficient of income for both years. Round your answer to six decimal places. ​ A) 2004: 0.317536 2005: 0.155385 B) 2004: 0.416149 2005: 0.208966 C) 2004: 0.256705 2005: 0.123673 D) 2004: 0.215434 2005: 0.102712 E) 2004: 0.603604 2005: 0.318947 for 2005. Find the Gini coefficient of income for both years. Round your answer to six decimal places. ​


A) 2004: 0.317536 2005: 0.155385
B) 2004: 0.416149 2005: 0.208966
C) 2004: 0.256705 2005: 0.123673
D) 2004: 0.215434 2005: 0.102712
E) 2004: 0.603604 2005: 0.318947

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