Imagine that you have the following data on the income distribution for two economies. The first set of quintile shares is as in Table 13.2, and the second set is: 3.0, 9.0, 17.0, 29.0, and 42.0.
(a) On graph paper, or in a spreadsheet program, plot the Lorenz curves corresponding to the two sets of quintile shares.
(b) Can you say, from a visual analysis, which distribution is more equal?
Table 13.2
