Question: Please help me to understand and solve the following problem. Thank you. ------------------------------------------------------------------------------------------------ Find the Gini coefficient of inequality for the nation with income distribution
Please help me to understand and solve the following problem. Thank you.
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Find the Gini coefficient of inequality for the nation with income distribution curve
y = 0.5x^3 + 0.3x^2 + 0.2x,
where y 100% is the percentage of national income earned by the poorest x 100% of the population
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