Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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