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Government policies and programs, such as benefit programs and the progressive income tax, reduce income inequality.
Two examples of Microeconomics are the distribution of income within the country and the nature of individual markets (i.e. Agriculture). Hope this helps (=
a family's decision about how much income to save microeconomics or macroeconomics?
microeconomics
No.The Lorenz curve measures inequality of distribution of income (or wealth). The diagonal represents a distribution that is perfectly equal and you cannot get more equal than that!
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What is meant by income inequality? Distinguish between personal and functional distribution of income.
Corruption, wealth inequality, illiteracy.
The Gini coefficient is a measure of income inequality within a population, with a value of 0 indicating perfect equality and 1 indicating perfect inequality. It is commonly used by economists and policymakers to understand the distribution of income or wealth within a country. A higher Gini coefficient suggests a more unequal distribution of income.
Almas Heshmati has written: 'Continental and sub-continental income inequality' -- subject(s): Income distribution
Government policies and programs, such as benefit programs and the progressive income tax, reduce income inequality.
Two examples of Microeconomics are the distribution of income within the country and the nature of individual markets (i.e. Agriculture). Hope this helps (=
Alexis Palma has written: 'Explaining earnings and income inequality in Chile' -- subject(s): Wage differentials, Income distribution
Daniel H Weinberg has written: 'A brief look at postwar U.S. income inequality' -- subject(s): Statistics, Income distribution, Income
Poverty, corruption, and a considerable inequality in the distribution of income are among the most important outcomes.
Ben E. Aigbokhan has written: 'Poverty, growth, and inequality in Nigeria' -- subject(s): Economic policy, Income distribution, Poverty 'The impact of adjustment policies on income distribution in Nigeria' -- subject(s): Income distribution, Structural adjustment (Economic policy)
a family's decision about how much income to save microeconomics or macroeconomics?