Draw the lorenz curves for the rural and urban populations, Business Economics

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Draw the lorenz curves for the rural and urban populations

Draw the Lorenz curves for the rural and urban populations for 1998 and 2010. Be sure to carefully label your axes.

a. What do they tell you about changes in inequality over time in Mexico?

b. Based on the changes in the Lorenz cure, is the Gini Coefficient likely to be increasing or decreasing over time? Why?

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Business Economics: Draw the lorenz curves for the rural and urban populations

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Business Economics: Draw the lorenz curves for the rural and urban populations

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