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(10) For this problem let f (3:) denote the fraction of total income earned by the lowest 1' fraction of the populace. (a) Country A

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(10) For this problem let f (3:) denote the fraction of total income earned by the lowest 1' fraction of the populace. (a) Country A has an income distribution given by f (51:) = 3:2. Calculate its Gini Index. (b) Country B has an income distribution given by f (90) = %(x4 + 3:) Calculate its Gini Index. (c) Which country has a greater degree of income inequality

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