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On a scale diagram with the percentage of households on the

On a scale diagram, with the percentage of households on the vertical axis and the percentage of aggregate income on the horizontal axis, plot the Lorenz curve for fantasyland?
How does the diagram show the extent of income inequality in Fantasyland?

Now suppose Fantasyland introduces a system that redistributes income from higher-income households to lower-income households. How would this affect the Lorenz curve?

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Macroeconomics: On a scale diagram with the percentage of households on the

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