a. Explain what a gini coefficient is (1) b. Calculate the value of the gini coefficient for 3 people whose Incomes are as follows:- Mick $12 mill Taylor $18 mill Paul $20 mill (1) c. Refer to the above diagram. If Area A = 60 and Area B = 85 calculate the Gini Coefficient using the formula. (1) d. Outline 2 ways in which income can be redistributed more equitably to show disposable income (1) e. How would a more even distribution of income affect the Lorenz curve (1) f. Explain how each of the following affect the Lorenz Curve (5) (i) Increase in Unemployment rate ) Increased real Wages (iii) Decreases in Mark -Ups or profit (IV) Increased Productivity (v) A stronger trade union