Find the gini index for a country with a Lorenz curve of y=x3. How does the gini index relate to "absolute communism" versus " absolute nepotism". sentence or ?

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter22: Economies In Transition
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Find the gini index for a country with a Lorenz curve of y=x3.
How does the gini index relate to "absolute communism" versus "absolute nepotism".
sentence or 2. You can probably google this question to find out.
Transcribed Image Text:Find the gini index for a country with a Lorenz curve of y=x3. How does the gini index relate to "absolute communism" versus "absolute nepotism". sentence or 2. You can probably google this question to find out.
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