(Answered) Define Gini Coefficient with the help of Lorenz Curve and show that Gini is definedas Gini = 1 -…

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Define Gini Coefficient with the help of Lorenz Curve and show that Gini is defined as Gini = 1 – 2 × Area below Lorenz Curve.
How is Gini affected if an amount of income is added to all the persons in an income distribution?
Show that Gini is distribution insensitive.

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