Question: 5. (Module 78) Suppose there are three nations, A, B and C. The Gini coefficient in nation A is equal to zero, the Gini coefficient

5. (Module 78) Suppose there are three nations, A, B and C. The Gini coefficient in nation A is equal to zero, the Gini coefficient in nation B is equal to .25, and the Gini coefficient in nation C is equal to .90. a. Using the blank graph below, draw three Lorenz curves that approximate the distribution of income in nations A, B, and C. Clearly identify each nation's Lorenz curve. b. Suppose that nation B's tax system is about to get more regressive. Would this change to tax policy move nation B's Lorenz curve closer to that of nation A or closer to that of nation C? Explain

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