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4. Based on the information about individuals and their incomes in two areas below, Area A Area B Individual Income Individual Income 1 80000

 

4. Based on the information about individuals and their incomes in two areas below, Area A Area B Individual Income Individual Income 1 80000 1 45000 1 60000 1 35000 1 45000 1 33000 1 30000 1 30000 1 25000 1 25000 1 20000 1 21000 1 19000 1 19000 1 18000 1 17000 1 15000 1 14000 1 10000 1 12000 draw the lorenze curce and find the Gini coefficient for each area, using Excel. Explain how the income inequality level can be improved. [10 marks Activate Win Ginto Cattinge t

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