Consider the following data on income distribution from two years: First 20% 2nd 20% 3rd 20% 4th 20% Top 20%
1990 3.7% 12.0% 16.1% 22.3% 45.9%
1980 4.1% 9.7% 15.4% 27.5% 43.3%

Required:
a. Plot these points and draw a Lorenz curve for each of these two years. As a reference, include a Lorenz curve in which all quintiles earn the same amount of income. Label your axes clearly.
b. What happened to the share of income earned by the poorest quintile between1980 and 1990?
c. What happened to the share of income earned by the richest quintile between1980 and 1990?
d. What happened to the second and third quintiles between 1980 and 1990?

according to the song of roland, the characteristics of an ideal knight are: loyalty to the king, skilled warriors and horseman, valiant, bold, courageous, strong and proud in battle. they should be determined to fulfil their duties and willing to die to make their people safe.

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are:

answer///supply is elastic, and demand is inelastic;