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Income Distribution and the Lorenz Curve: Comparisons 1 Refer to the interactive below: Income Distribution and the Lorenz Curve GRAPH Cumulative % of Income CALCULATIONS

Income Distribution and the Lorenz Curve: Comparisons 1
Refer to the interactive below:
Income Distribution and the Lorenz Curve
GRAPH
Cumulative % of Income
CALCULATIONS
Instructions: Use the interactive tool to plot Lorenz curves for the information in the table.
United States data from
Census.gov, before-tax income, rounded to 1? Hooths.
Data for Argentina from
WorlaBank.org, rounded to thooths.
Report your answers to two decimal places.
According to these data, the Gini coefficient for the United States in 2010 is
The Gini coefficient for Argentina in 2010 is
These data indicate that in 2010, income is (Click to select) in the United States compared to Argentina.
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