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Download the data for assignment 2 and answer the following questions: (a) Carefully graph the Lorenz curve, labeling the axes. (b) Find the Gini coefficient and comments on it. (c) Calculate the po
Download the data for assignment 2 and answer the following questions:
(a) Carefully graph the Lorenz curve, labeling the axes.
(b) Find the Gini coefficient and comments on it.
(c) Calculate the poverty rate using the poverty line, BDT. 100. How much money does the government require to eliminate poverty?
(d) If we increase 25% income of the first 2 decile groups, what is the impact on poverty and inequality? Show your calculations.
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