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What is the Lorenz curve? How do we measure inequity using the Lorenz curve?

What is the Lorenz curve? How do we measure inequity using the Lorenz curve?

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Lorenz curve is nothing but the graphical representation of distribution of income of wealth in a country. On the y axis cumulative percentage of income is represented while on the x axis cumulative population is represented. Inequality using Lorenz Curve can be measured by calculating the maximum deviation from the line of equality AngularJS of the deviation larger will be the inequality and this is depicted in the figure below

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