2. Rich-poor gap worries Chinese planners In 1985, urban Chinese earned 1.9 times as much as people...

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2. Rich-poor gap worries Chinese planners In 1985, urban Chinese earned 1.9 times as much as people in the countryside, which is home to 60 percent of the population. By 2007, they earned 3.3 times as much according to the United Nations.

Source: The New York Times, November 22, 2008 Explain how the Lorenz curve in China changed between 1985 and 2007.

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Foundations Of Microeconomics

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7th Global Edition

Authors: Bade, Robin;Parkin, Michael

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2. Rich-poor gap worries Chinese planners In 1985, urban Chinese earned 1.9 times as much as people...

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Foundations Of Microeconomics

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