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Module 78 Featured Worksheet Lorenz Curve and Gini Coefficient Use the figure below to answer the following questions. 1. What does a Lorenz curve measure?

Module 78 Featured Worksheet
Lorenz Curve and Gini Coefficient
Use the figure below to answer the following questions.
1. What does a Lorenz curve measure?
2. How is a perfectly equal distribution of income shown on the Lorenz curve?
3. What has happened to the income distribution in a country if the Lorenz curve changes from line 2 to line 1?

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