IB Economics HL 3.4.9 Hl Lorenz Curve Construction Questions

Practise 3.4.9 (HL) Lorenz curve construction in IB Economics HL by reviewing the concepts and applying them to marked questions.

Syllabus
First assessment 2022
Course
Economics HL
Level
HL

Exam points

  • Construct a Lorenz curve from income quintile data

IB Economics HL 3.4.9 Hl Lorenz Curve Construction Questions question 1

[Maximum number: 2]

Indonesia is a middle-income country in southeast Asia. Its main agricultural exports are palm oil and coffee, which Malaysia also produces. The maximum amount of each good that Indonesia and Malaysia can produce in one hour is shown in Table 3.

Table 3

Table 3

Using the information in Table 5, construct a labelled Lorenz curve for the year 2000 on Figure 2.

Figure 2

Figure 2

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