subject
Business, 03.12.2019 20:31 shanice13

Below is a hypothetical breakdown of the income distribution in a country. use those calculate what should be graphed on the lorenz curve and then sketch a lorenz curve for those given numbers. using that lorenz curve show how a gini coefficient would be calculated and explain what the values of the gini coefficient mean. (do not have to calculate the gini, just describe how you could do so)?

quintile
percent of gdp received

bottom 20%

4
lower middle 20%

8
middle 20%

16

upper middle 20%

20
top 20%

52

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:50
Discuss how the resource-based view (rbv) of the firm combines the two perspectives of (1) an internal analysis of a firm and (2) an external analysis of its industry and its competitive environment. include comments on the different types of firm resources and how these resources can be used by a firm to build sustainable competitive advantages.
Answers: 3
question
Business, 22.06.2019 01:30
What is an example of a good stock to buy during economic expansion? a) cyclical stock b) defensive stock c) income stock d) bond
Answers: 3
question
Business, 22.06.2019 09:30
The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
Answers: 3
question
Business, 22.06.2019 18:00
What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand
Answers: 1
You know the right answer?
Below is a hypothetical breakdown of the income distribution in a country. use those calculate what...
Questions
question
Mathematics, 29.10.2020 19:20
question
Computers and Technology, 29.10.2020 19:20
question
Computers and Technology, 29.10.2020 19:20
question
SAT, 29.10.2020 19:20
Questions on the website: 13722362