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2. imagine there are 5 workers in an economy and initially all the workers work in the traditional sector at a wage equal to $10
2. imagine there are 5 workers in an economy and initially all the workers work in the traditional sector at a wage equal to $10 (call this initial year, year {1). Each year, one worker migrates from the traditional sector to the modern sector where wages are equal to $2. Assuming that the number of workers remains constant, and then in year 5 all workers are in the modern sector. a. In period 5, how much will he the |Gini coefcient of inequality? h. As migration takes place the Gini coefficient of income inequality increases, decreases or remain constant
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