1. Consider the following income distributions (in $1000 of dollars): city A city B city C percent of the population average income average income average income

The population divided in four groups each 25 %.

City A in sequence : 20,40,80,200

City B in sequence: 40,8,0,160,400

City C in sequence: 20,60,80,180

Rank the city's in terms of inequality. List which principles of inequality measurements you are using to make your judgements. b) How can you use the Lorenz Criterion to compare two or more income distributions in terms of inequality? c) Draw the Lorenz Curves. Label the axis and all the points. d) Define the Gini Coefficient using your graph. e) Calculate the Gini Coefficients