Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
Country Name GDP per capita GINI index Argentina 14357.41 42.49 Austria 48324.25 30.48 Belarus 6721.83 26.01 Albania 4247.49 28.96 Armenia 3565.52...
[1] S.Kuznets (1955), “Economic Growth and Income Inequality”, American Economic Review, vol.45, no.2, pp 1-28.
[2] Rati, Ram (1988) “Economic development and Income Inequality: Further Evidence on the U-curve Hypothesis, Word Development, vol. 16, no.11pp.1371.
[3] A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line.
- Attachment 1
- Attachment 2
