10.18 (a) Draw a Lorenz curve and calculate the Gini coefficient for the 1979 wealth data contained...

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10.18

(a) Draw a Lorenz curve and calculate the Gini coefficient for the 1979 wealth data contained in Problem 1.5 (Chapter 1). Draw the Lorenz curve on the same diagram as you used in Problem 10.17.

(b) How does the answer compare to 2003?

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