Use the following Lorenz curve graph to answer the questions. a. Did the distribution of income become

Question:

Use the following Lorenz curve graph to answer the questions.

Income (cumulative percentage) 100% 90 80 70 60 50 40 30 20 10 0 IT 0 20 40 A 60 2019 m 00 C 80 2020 100% a. Did the distribution of income become more equal in 2020 than it was in 2019, or did it become less equal? Briefly explain.
b. If area A = 2,150, area B = 250, and area C = 2,600, calculate the Gini coefficient for 2019 and the Gini coefficient for 2020.