Question

10 pts Question 19 In the graph below, the Lorenz curve shifted from the solid line (with the area represented by darker blue) to the dashed line (with the area represented by lighter blue). What does this shift mean for the Gini coefficient and for inequality? Give one example of why this shift might occur? (In case it is unclear, the graph originally was represent by only the dark blue, but after the shift it is represented by the combination of the dark blue and light blue.) 100 Cumulative share of income (N) 100 Cumulative share of the population from lowest to highest income (%) BIVAA-I E331x X, E BV 1 12pt Paragraph

Answer 1

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