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see screenshot 5. Refer to the table below. Represent the two countries' Lorenz curves and explain the main findings with respect to inequality and income

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5. Refer to the table below. Represent the two countries' Lorenz curves and explain the main findings with respect to inequality and income distribution. a. What is the most equal country? Why? b. Label each part of the diagrams and explain the meaning of the various components c. What problems are associated with high levels of inequality in a society? Discuss using references from the study material if appropriate. % of Total Money Income Received Country A Country B Fraction of total households Poorest fifth 3 15 Second fifth 10 15 Third fifth 22 15 Fourth fifth 26 25 Richest fifth 39 30

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