3. Table 2 shows the distribution of prize money among the top 20 professional golfers. Calculate the
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3. Table 2 shows the distribution of prize money among the top 20 professional golfers. Calculate the cumulative distribution of income of these golfers and draw the prize money Lorenz curve of these golfers. Which distribution is more unequal: the distribution of income of these golfers or that of the United States as a whole?
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Related Book For 
Foundations Of Microeconomics
ISBN: 9780063076280
7th Global Edition
Authors: Bade, Robin;Parkin, Michael
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