Please give me the correct answer include the graph answer, thanks. The followin
ID: 1211308 • Letter: P
Question
Please give me the correct answer include the graph answer, thanks.
The following table shows the approximate income distribution for Peru, Bulgaria, and Lithuania in 2015. In particular, it shows the income shares of each quintile of the income distribution Percentage of Total Income (%) Peru 2015 Bulgaria 2015 Lithuania 2015 Income Group Lowest quintile Second quintile Third quintile Fourth quintile Highest quintile 4 8 12 20 56 12 16 14 17 38 43 has the most total income On the following graph, plot the Lorenz curves for the three countries. Plot Peru's Lorenz curve using the green point (triangle symbol), Bulgaria's Lorenz curve using the blue point (circle symbol), and Lithuania's Lorenz curve using the red point (cross symbol). Line segments will automatically connect the points INCOME (Cumulative percent) 100 Peru 80 Bulgaria 60 Lithuania 20 20 40 60 80 100 HOUSEHOLDS (Cumulative percentHelp Clear AllExplanation / Answer
Bulgaria has highest personal income in the year 2015
Peru has more income inequality in the given year. in the first quarter it has 4% income, in the second quarter it has 8%, means double the income and in third 12% means 50% variation and so on.