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The table below shows the share of income received by each fifth of income earners, from lowest to highest, in three hypothetical countries. 2 3
The table below shows the share of income received by each fifth of income earners, from lowest to highest, in three hypothetical countries. 2 3 4 5 (lowest) (highest) Country 1 8 13 16 23 40 Country 2 7 13 14 21 45 Country 3 10 16 17 22 35 a. Calculate the cumulative distribution of income among the five groups of income earners in each country. Enter your responses below rounded to a whole number. 2 3 4 5 (lowest) (highest) Country 1 Country 2 Country 3 b. Draw a graph showing the three countries' Lorenz curves. Plot 6 points for each curve, Including the origin point (0, 0), for a total of 18 points plotted below. To manually enter plotting coordinates click on a line segment between 2 points then click on the widget icon to bring up the curve properties box. Lorenz Curve For three countries 100 Tools n n 80 Country 1 Country 2 60 n Country 3 Cumulative Share of Income (%) 40 20 20 40 60 80 100C. (Click to select) | has the most equal distribution of income, |(Click to select) | has the least equal distribution, and (Click to select) * is in the middle. (Click to select Country 1 Country 3 Country 2 Mc
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