At the beginning of 1990, oil prices were $30 a barrel. Some oil investors predicted that the price of oil would increase by $5 a barrel per year. In the beginning of 2005, the price of oil was $20 a barrel. With increasing demand for oil around the world, oil investors in 2005 predicted that the price of oil would increase by $2.25 a barrel each year.

Consider the following estimates from the early 2010s of shares of income to each group. country poorest 40% next 30% richest 30% bolivia 10 25 65 chile 10 20 70 uruguay 20 30 50 1.) using the 4-point curved line drawing tool, plot the lorenz curve for bolivia. properly label your curve. 2.) using the 4-point curved line drawing tool, plot the lorenz curve for uruguay. properly label your curve.