In order to study the effects of World War II on a certain country s...
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Calculus
In order to study the effects of World War II on a certain country s economy an economist used data from that country s census bureau to produce the following Lorenz curves for the distribution of income in 1935 and 1947 f x x25 Lorenz curve for 1935 16 g x x 6 Lorenz curve for 1947 Find the Gini index of income concentration for each Lorenz curve and interpret the results What is the Gini index for 1935 0 428 Round to three decimal places as needed What is the Gini index for 1947 Round to three decimal places as needed
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