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Economics Theme 4 > Inequality > Flashcards

Inequality Flashcards

1
Q

What are the 2 measures of inequality

A

Lorenz curve - visual indicator
Gini coefficient - mathematical indicator

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2
Q

Causes of inequality

A

Wages- underemployment and discrimination
Regressive payments and taxes
Unemployment
Inequality between countries

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Economics Theme 4 (36 decks)

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