* 100% Country A Country B Cumulative Share of 100% Polulation The above graphs shows Lorenz curves for two countries. Which of these two countries has greater income inequality? Cumulative Share of Income

* 100% Country A Country B Cumulative Share of 100% Polulation The above graphs shows Lorenz curves for two countries. Which of these two countries has greater income inequality? Cumulative Share of Income

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter33: Income, Income Distribution, And Poverty

Section: Chapter Questions

Problem 4E

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Question

100%
Country A
Country B
Cumulative Share of
100%
Polulation
The above graphs shows Lorenz curves for two countries. Which of these two countries has
greater income inequality?
Country B
Both face the same level of income inequality
Country A
Cumulative Share of
Income

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