Examlex
Write the logarithm as a sum or difference of logarithms. Simplify each term as much as possible.
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Income Equality
A measure or concept where everyone has the same income or very similar incomes, minimizing the gap between the wealthy and the poor.
Tax-Transfer Program
Government initiatives designed to redistribute income through the tax system, often aiming to reduce poverty.
Economic Equality
A state in which individuals or groups within a society have similar economic conditions, including access to resources, opportunities, and outcomes.
Income Inequality
The unequal distribution of income and wealth across individuals or groups within a society, often measured using tools like the Gini coefficient.
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