Suppose that in the figure to the right, the area labeled A is initially 29% of the area denoted B, but then the distribution of income changes in such a way that A increases to 50% of the area denoted B

Suppose that in the figure to the right, the area labeled A is initially 29% of the area denoted B, but then the distribution of income changes in such a way that A increases to 50% of the area denoted B. When A increased, did the degree of income inequality increase or decrease? Explain why your answer makes sense by referring to the implied change in the shape of the Lorenz curve. 75- The value of the Gini coefficient means that there is income inequality after the change in income distribution. This answer makes sense because an increase in A can take place only if the Lorenz curve becomes v bowed, which implies in income inequality. Cumulative Percentage of Money Income 50 25- B 100 25 50 75 Cumulative Percentage of HouseholdsThe (higher / lower) value of the Gini coefficient means that there is (greater / less) income inequality after the change in income distribution. This answer makes sense because an increase in A can take place only if the Lorenz curve becomes (less / more) ?bowed, which implies (an increase / a decrease )in income inequality.