The Lorenz curves for the income distribution in the United States for all races for 2015 and
Question:
The Lorenz curves for the income distribution in the United States for all races for 2015 and for 1980 are given below. Find the Gini coefficient of income for both years and compare their distributions of income.
2015: y = x2.661 1980: y = x2.241
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Related Book For
Mathematical Applications For The Management, Life And Social Sciences
ISBN: 9781337625340
12th Edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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