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Draw the Lorenz curve and calculate the Gini coefficient for the following economy, based on the populations and wealth across groups. Assume that, within each
Draw the Lorenz curve and calculate the Gini coefficient for the following economy, based on the populations and wealth across groups. Assume that, within each group, wealth is distributed equally. Group Population TOTAL Group Wealth ($) Blue 500 $5,000 Green 7,500 $10,000 Red 2,000 $5,000
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