Examlex
Multiply the expression using the product rule.
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Income Distribution
The way in which a country's total economic output is divided among its population, or the share of national income earned by each quintile or group of the population.
Bottom Fifth
A term often used in income distribution to refer to the lowest 20% of income earners in a given population.
Top Fifth
Typically refers to the highest 20% of earners or performers in a given distribution, often used in discussions of income inequality.
Income Equality
Income equality refers to a situation where earnings are distributed evenly across the population, minimizing disparities between the richest and poorest individuals.
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