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Below is a table representing the percentage share of money income for households before direct taxes in the U.S. for 1975 and 2005. Income Group 2005 1975 Lowest fifth Second fifth Third fifth 14 17 Fourth fifth 21 25 43 Highest fifth 1.) Using the 4-point curved line drawing tool, draw the Lorenz curve for 2005, starting at (0,0) and then using the bold faced data to plot the remaining three points Properly label your curve 2.) Using the 4-point curved line drawing tool, draw the Lorenz curve for 1975, starting at (0,0) and then using the bold faced data to plot the remaining three points Properly label your curve Carefully follow the instructions above, and only draw the required objects. Since 1975, the income distribution in the U.S. has equitable. become more become less remained just as 10 20 30 40 50 60 70 80 90 100 Cumulative of Households

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