Unformatted text preview: years. 2. The Gini Coefficients for both 2010 and 1970 can be found by using the data and graph given. Larger Gini coefficients mean greater inequality. Therefore, there was a greater inequality during the year 2010. The change in these coefficients is consistent with the story I got on inequality by looking at the Lorenz Curves. Because there was a greater cumulative percent of income in 2010, there was a larger Gini coefficient and a greater inequality during that year....
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- Spring '08
- Microeconomics, Gini coefficient, Distribution of wealth, Lorenz Curves, Lorenz Curve Assignment