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Question
Table 18-12| Income Quintile | Agraria Percentage of Total Income | Urbana Percentage of Total Income |
| Lowest 20% | 3% | 5% |
| Second quintile | 9% | 14% |
| Third quintile | 14% | 20% |
| Fourth quintile | 24% | 24% |
| Highest 20% | 50% | 37% |
Refer to Table 18-12.
a. Draw a Lorenz curve for each country.
b. Which country has the more equal distribution of income?
c. Based on the Lorenz curve for the two countries, can you determine which country has the more progressive tax system? Explain your answer.
Answer
This answer is hidden. It contains 152 characters.
Related questions
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