Consider Figure 30-1 to answer the questions that follow. a. What is the value of the Gini
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a. What is the value of the Gini coefficient if area B is twice as large as area A?
b. Suppose that the Lorenz curve becomes more bowed, with the result that area B becomes exactly the same size as area A. What will be the new value of the Gini coefficient?
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a The Gini coefficient is equal to A A B If B 2A ...View the full answer
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