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3. the table below shows the share of income going to each quintile of the income distribution for Sweden in 2015 and 2004 {Data from
3. \"the table below shows the share of income going to each quintile of the income distribution for Sweden in 2015 and 2004 {Data from the World Bank}. Use this data to calculate what the points on a Lorenz curve would be and sketch the Lorenz curve. {ilearl'glr provide the data points for vour Lorenz curves in a table. How did inequalitv in Sweden shift over this time period? How can vou see the patterns in the quintiles in the Lorenz curve? 4. Public goods are often thought to be goods or services that are provided bv the government, but that is confusing cause and effect. a. What are the characteristics of a public good? b. What is an example of a good that is often provided by the government but is NOT a public good? c. What is an example of a good that is often provided by the government and IS a public good? d. What is an example of a good that is rarely:r provided by the government and IS a public good? e. Consider open educational resources [DER], for example, open textbooks [such as the book for this class provided free through DpenStax}. These are available free online from compania like DpenStax Eollege ancl Lumen Learning. ls DER a public good
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