Refer to the graph above. The Gini for Hungary is 0.31 and for Brazil it is 0.60. Using the line of perfect income equality and the Lorenz curves, approximately how much of the totaf income goes to the richest 40% of the population in Brazil compared to Hungary? O 18 percent (Brazil) and 40 percent (Hungary) O 50 percent (Brazil) and 50 percent (Hungary) O 22 percent (Brazil) and 10 percent (Hungary) 82 percent (Brazil) and 60 percent (Hungarv)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section: Chapter Questions
Problem 59RE
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Percentage of total income
100
Hungary
(GINI index 31%, 1996)
-----
Brazil
(GINI index - 60%, 1996)
80
Line of Absolute
Inequality
----
Line of Absolute Equality
20
40
60
100
Percentage of total pooulation
Poorest
Richest
Refer to the graph above. The Gini for Hungary is 0.31 and for Brazil it is 0.60. Using the
line of perfect income equality and the Lorenz curves, approximately how much of the total
income goes to the richest 40% of the population in Brazil compared to Hungary?
O 18 percent (Brazil) and 40 percent (Hungary)
O 50 percent (Brazil) and 50 percent (Hungary)
O 22 percent (Brazil) and 10 percent (Hungary)
O 82 percent (Brazil) and 60 percent (Hungary)
Transcribed Image Text:Percentage of total income 100 Hungary (GINI index 31%, 1996) ----- Brazil (GINI index - 60%, 1996) 80 Line of Absolute Inequality ---- Line of Absolute Equality 20 40 60 100 Percentage of total pooulation Poorest Richest Refer to the graph above. The Gini for Hungary is 0.31 and for Brazil it is 0.60. Using the line of perfect income equality and the Lorenz curves, approximately how much of the total income goes to the richest 40% of the population in Brazil compared to Hungary? O 18 percent (Brazil) and 40 percent (Hungary) O 50 percent (Brazil) and 50 percent (Hungary) O 22 percent (Brazil) and 10 percent (Hungary) O 82 percent (Brazil) and 60 percent (Hungary)
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