2. Based on the following data: la. Consu’uct the Lorenz Curve in the two time periods using the following data and interpret the results: 2.1:. Based on the above question,

2. Based on the following data:
la. Consu’uct the Lorenz Curve in the two time periods using the following data and
interpret the results: 2.1:. Based on the above question, explain what the Gini index is {no need to calculate
it]. would the Gini index he in ti compared to t2? Why? 1c. How would the Lorenz move and the Gini index change if a progressive tax was
applied? Could you point to the change in the chart above?

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