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In an Effort to Make the Distribution of Income More

Question 14

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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: 0.331754 2005: 0.234910 B) 2004: 0.434783 2005: 0.316194 C) 2004: 0.268199 2005: 0.186871 D) 2004: 0.225080 2005: 0.155144 E) 2004: 0.630631 2005: 0.483492 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: 0.331754 2005: 0.234910 B) 2004: 0.434783 2005: 0.316194 C) 2004: 0.268199 2005: 0.186871 D) 2004: 0.225080 2005: 0.155144 E) 2004: 0.630631 2005: 0.483492 for 2005. Find the Gini coefficient of income for both years. Round your answer to six decimal places. ​


A) 2004: 0.331754
2005: 0.234910
B) 2004: 0.434783
2005: 0.316194
C) 2004: 0.268199
2005: 0.186871
D) 2004: 0.225080
2005: 0.155144
E) 2004: 0.630631
2005: 0.483492

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