The $1.4 billion trick to make us accept income inequality Lotteries take money from the poor and

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The $1.4 billion trick to make us accept income inequality Lotteries take money from the poor and redistribute it unequally. The poor, the uneducated, and minorities play the lottery the most, and it takes a big chunk of their income.

If the news clip is correct, how does a lottery change the distribution of income? Draw two Lorenz curves to illustrate your answer.

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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Question Posted: Jan 06, 2023 12:16 AM

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The $1.4 billion trick to make us accept income inequality Lotteries take money from the poor and

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Foundations Of Economics

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