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1. (18 pts. total) Refer to the Figure below for parts a-c. Share Income A B C Share Households a. (6 pts.) The Gini Coefficient

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1. (18 pts. total) Refer to the Figure below for parts a-c. Share Income A B C Share Households a. (6 pts.) The Gini Coefficient for Denmark can be expressed as the following (in terms of the areas labeled above): b. (6 pts.) The Gini Coefficient for the US can be expressed as the following (in terms of the areas labeled above): c. (6 pts.) Which country has more inequality, Denmark or the US

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