Share of total income(%) Individuals Personal Income ($) Quintiles Deciles Quartiles 1 9.3 1. What is the cumulative income in each quintile?
2 16.9 2. What is the cumulative income in each decile?
3 17.6 3. What is the cumulative income in each quartile?
4 18.3 4. How much is the Kuznet ratio for this economy? Interpret.
5 15.5 5. Plot the Lorenz curve for this economy?
6 14.5 6. What is the GINI coefficient for this economy?
7 11.2 7. Comment on the income distribution of this economy.
8 17.4 9 11.9 Note: Please create a new sheet to answer questions 5, 6, and 7
10 17.4 Each question is worth 5 points
11 11.4 12 15.2 13 5.7 14 15.5 15 7.0 16 8.3 17 19.3 18 6.3 19 7.8 20 13.8 21 14.9 22 11.1 23 12.9 24 7.6 25 14.1 26 8.7 27 8.5 28 7.9 29 5.5 30 9.8 31 19.5 32 6.1 33 7.7 34 19.9 35 8.5 36 11.8 37 19.5 38 5.7 39 5.7 40 5.8 Total (national income) 471.3