Question
In order to study the effects of World War II on a certain country's economy, an economist used data from that country's census bureau to
In order to study the effects of World War II on a certain country's economy, an economist used data from that country's census bureau to produce the following Lorenz curves for the distribution of income in 1935 and 1947. xx Lorenz curve for 1035 90x)=x Lorenz curve for 1947 Find the Gini index of income concentration for each Lorenz curve and interpret the results What is the Gini index for 19367 (Round to three decimal places as needed.) What is the Gini index for 19477 (Round to three decimal places as needed.) interpret your results OA. Income was distributed the same in 1935 as in 1947. OB. Incoms was more equally distributed in 1935 OC Income was more equally distributed in 1947 Click to select your answers)
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