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Can you please help me with the following questions, thank you in advance 1. Below are income share data for the United States and Sweden

Can you please help me with the following questions, thank you in advance

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1. Below are income share data for the United States and Sweden in 2019; POPULATION DECILE 1 2 3 4 5 6 7 8 9 10 SHARE OF 2% 5% 10% 15% 20% 30% 42% 55% 70% 100% INCOME (U.S.) SHARE OF INCOME 5% 8% 13% 22% 30% 40% 50% 64% 82% 100% (SWEDEN) a. Graph the Lorenz Curve for the U.S. (you can use the grid below, or graph on your own) b. Graph the Lorenz Curve for Sweden on the same plot. 100% 90% 80% 70% 50% 50% 40% Share of Income 30% 20% 10% 0 1 2 3 4 5 6 7 8 9 10 Population Decile c. Based on the graph, which country exhibits greater income inequality? d. Which country has the larger Gini Coefficient? 2. What is the difference between income and wealth

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