Part 2: Assume the island of Econ has a population of 10 people and the following income distribution: Individual Income $80,000 $60,000 $150,000 $90,000 $170,000 $120,000 $250,000 $630,000 $350,000 $100,000 1) Calculate the top-bottom ratios for deciles (1.5 credits) and quintiles (15 credits) 2) Carefully draw the Lorenz curve (4 credits) and estimate the Gini coefficient (2 credits) 3) Interpret the Gini coefficient you calculated in the question above (1 credit)