Often, because problems of this nature can be so intricate a…

Often, because problems of this nature can be so intricate and far-reaching, solutions are not always obvious. Explain how you decided on the particular solution(s) that you argued for in your essay. Why did you pick this/these one(s) over other options?  Record your response using the Record Media option. A written or audio only answer will not be accepted. (3 min. recording)

4. Suppose a study indicates that the distribution of income…

4. Suppose a study indicates that the distribution of income for plumbers is given by the Lorenz curve .        (a) Find the Gini Index for plumbers.         (b) Suppose the Gini index for roofers is 0.32. Which profession has more equal income distribution?