See Hint Suppose that the income of the average person among the poorest 20% of citizens in South Africa is $900. What is the average income of a person who is among the richest 20% of citizens in South Africa? Round to the nearest dollar. S

See Hint Suppose that the income of the average person among the poorest 20% of citizens in South Africa is $900. What is the average income of a person who is among the richest 20% of citizens in South Africa? Round to the nearest dollar. S

a. What is the Gini Coefficient and how is it useful for a third world country.b. Using the following information provided in the table below, calculate the Gini coefficient for Algura.  Population                              10                32                15Income per monthper person                                              2000            96000         1500Total Population                                               57 c. Calculate the new Gini Coefficient for Algura when income changes as follows: Population                            10                32                15Income per monthper person                         1200            78000            900Total Population                                                57 d. As an economist what are some policy recommendation to improve the Gini coefficient for Algura. Do you think enough information was provided to make recommendation.Explain.   PLEASE ANSWER D.

a. What is the Gini Coefficient and how is it useful for a third world country.b. Using the following information provided in the table below, calculate the Gini coefficient for Algura.  Population                              10                32                15Income per month per person                                              2000            96000         1500Total Population                                               57 c. Calculate the new Gini Coefficient for Algura when income changes as follows: Population                            10                32                15Income per month per person                         1200            78000            900Total Population                                                57 d. As an economist what are some policy recommendation to improve the Gini coefficient for Algura. Do you think enough information was provided to make recommendation Explain,