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Consider the income distributions of Canada, Morocco and Zambia based on the World Bank data. Indicator Name Canada Morocco Zambia Income share held by lowest

  1. Consider the income distributions of Canada, Morocco and Zambia based on the World Bank data.

Indicator Name

Canada

Morocco

Zambia

Income share held by lowest 20%

7.20

6.52

3.63

Income share held by second 20%

12.73

10.45

7.76

Income share held by third 20%

17.18

14.54

12.81

Income share held by fourth 20%

22.95

20.61

20.62

Income share held by highest 20%

39.94

47.88

55.18

  1. Compute the Gini coefficient for each country. What do these coefficients tell about the income distribution in these countries?

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