6 income inequalities problems; please help and thanks!

Part 2- Practice: Assume that Curve 2 is the Lorenz Curve for Valdonia_ If 80% of households eam 55% of the income, what percent of income does the richest quintile earn? What percent of income does the second richest quintile earn? If the middle quintile earns 15% of the income, what percent of income does the second poorest quintile earn? Assume that Valdonia adopts policies designed to redistribute income. How will these polices affect Curve 2? Explaim Explain why it is unlikely that Valdonia, or any other country will have a Lorenz curve like Curve 1. 100% 20% 40% 60% percent of Households 100% Part 3- Practice: Use the chart to answer the following questions. 8. Gini Country Coefficient you tell? Which country has the most income inequality? How can Given this information, which country likely has the most United States Sweden France Chile .41 .29 .32 .47 progressive income tax? Explain. 10. What is the difference between a country that has a Gini coefficient of O and a country that has a Gini coefficient of 1?