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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
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, beforetax income, rounded to 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 is
The Gini coefficient for Argentina in is
These data indicate that in income is Click to select in the United States compared to Argentina.
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