QUESTION 7 Consider two hypothetical countries X and Y. In the following graph, the income distribution of country X is described by the Lorenz curve that is represented by the solid line between area A and area B; the income distribution of country Y is described by the Lorenz curve that is represented by the dashed line between area B and area C. Which country has a more equal distribution of income? % of cumulative income 45 0 % of population O Nauru Country Z Country Y Country X