Lorenz Curves Homework X LorenzSum2020B.pdf X + -) C @ about:blank Update : M Gmail Homepage Home | Cosumnes... jet dela cruz (@jet... Text Summarizer |... Dashboard SAC IHSS Public Autho 3 BMTX: Account S... Course Hero My Account ACCT 301 LorenzSum2020B.pdf 1 / 1 100% + Income Distribution (Lorenz Curve) Name (Print): Course: (a) Fill in the column totals for each country. (b) Draw a Lorenz Curve for Japan and Mexico using the graph below. Be sure to label the horizontal and vertical axes. (c) What does each little box on the horizontal axis represent? (d) What does each little box on the vertical axis represent? (e) Draw a line that would represent perfect equality. (f) Which country has a more unequal distribution of income? The data is: Country(year) Lowest 20% second 20% third 20% forth 20% highest 20% Total U.S.(2000) 5.0 8.9 14.9 23 49.6 Canada (1994 7.6 12.9 17.2 23 39.3 Mexico (1995) 4.1 1 1.4 15.9 22.5 46.1 Japan (1993) 10.6 14.2 17.6 22 35.6 Brazil (1996) 2.5 5.5 10 18.3 63.7 France (1995) 7.2 12.6 17.2 22.8 40.2 Norway (1995) 8.9 13.3 16.9 21.8 39 South Africa (1994) 2.9 5.5 92 17.7 64.7