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

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