Question
Percentile | Year | National Income South Africa | Pre-tax National Income South Africa | National Income India | Pre-tax National Income India all |
Percentile | Year | National Income South Africa | Pre-tax National Income South Africa | National Income India | Pre-tax National Income India
all | 2019 | 76,429 | ---- | 125,568 | ---
p90p100 | 2019 | ---- | 65% | ---- | 57%
p50p90 | 2019 | ---- | 29% | ---- | 30%
p0p50 | 2019 | ---- | 6% | ---- | 13%
a) Draw Lorenz curve for India (2019), based on pre-tax national income share (make sure to mark all the identifiable points and corresponding values)
b) Draw Lorenz curve for South Africa (2019), based on pre-tax national income share (make sure to mark all the identifiable points and corresponding values)
c) How could we tell which country had higher Gini Coefficient from Lorenz curve?
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