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1. Consider the table below for a fictional economy. What is the Gini Coefficient? [Hintz The area of a trapezoid is V2 (b_1 + b_2)

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Consider the table below for a fictional economy. What is the Gini Coefficient? [Hintz The area of a trapezoid is V2" (b_1 + b_2) * h which is the same as Area :1 l 2 x Sum of the length of the parallel sides x Distance between them ] . To answer this question, it will be helpful to draw out the Lorenz curves. Cumulative Share of Population Percentage . Income (In percent) Group 1 40% 10% Group 2 60% 30% Group 3 90% 60% Group 4 95% 80% Group 5 100% 100% A bank has deposits of $500, loans of $400, cash reserves of $150 and equity of $50. What is the leverage ratio

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