Economics 9708 · AS & A Level · Taxes and subsidies

Taxes and subsidies — practice question

The diagram depicts a Lorenz curve, with two areas, X and Y, marked. How is the associated Gini coefficient calculated?

  • AX divided by (X plus Y)
  • B(X plus Y) divided by X
  • C(X plus Y) divided by Y
  • DY divided by (X plus Y)

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