Using the data below, draw Lorenz Curves for Countries A, B, and C. (Put them together on one graph)
graph)
|
Percentage of Income |
|||
|
Quintile |
A % Cum. % |
B % Cum. % |
C % Cum. % |
|
Lowest fifth |
8.5 |
10.2 |
2.3 |
|
Second fifth |
10.1 |
15.2 |
6.1 |
|
Third fifth |
12.5 |
18.3 |
12.3 |
|
Fourth fifth |
15.1 |
23.1 |
18.1 |
|
Highest fifth |
53.8 |
33.2 |
61.2 |
Using the data below, draw Lorenz Curves for Countries A, B, and C. (Put them together...