11 Draw the Lorenz curve for the income distribution in Australia and in Brazil and South Africa (use the data in Figure 18.6 on p. 424 ). Is income distributed more equally or less equally in Brazil and South Africa than in Australia?

The table shows shares of income in Australia.

Transcribed Image Text:

Households (quintile) Lowest 20 per cent Income share (percentage of total) 7 Second 20 per cent 13 Middle 20 per cent 18 Next highest 20 per cent 25 Highest 20 per cent 37