a) Go to the World Bank Database that you used on the first assignment and retrieve the 5 income quintiles for Brazil and Hungary for the year 2019. Also retrieve the Gini Coefficient for each country and record the information below. (5 Marks) Income Shares Brazil Hungary Income Share of the Lowest 20% Income Share of the Second 20% Income Share of the Third 20% Income Share of the Fourth 20% Income Share of the Highest 20% Gini Coefficient for Brazil Gini Coefficient for Hungary b) Use the information in the table above to calculate the Cumulative Percentages of Income that you will need in order to construct Lorenz curves for these two countries. Record that information in the table below. (5 Marks)Brazil Hungary Cumulative % of Population Cumulative % of Income Cumulative % of Income 0 20 40 50 80 100 c) Now, construct Lorenz Curves for the two countries and graph them below, along with the line of perfect income equality. (5 Marks) LORENZ CURVES BRAZIL AND HUNGARY 2019 100 90 30 70 60 50 CUMULATIVE % OF INCOME 40 30 20 10 20 30 40 50 60 70 80 90 100 CUMULATIVE % OF POPULATIONd) Based on a visual inspection of the Lorenz Curves, which nation has the more equal distribution of income, and why? (2 Marks) ) Do the Gini coefficients that you noted earlier for each country accord with the diagram you have created? Explain. (3 Marks) f) Do a bit of basic research on these two countries. What explanation(s) can you provide for the difference you are seeing? (5 Marks) g) If you were a Development Economist who believed that income inequality is an impediment to economic growth and development, what advice would you give to Brazil? ( You might like to have a look the OECD policy brief on reducing poverty and inequality for Brazil. Type brazil-improving- policies-to-reduce-inequality-and-poverty.pdf into the search bar of your browser to view it.)