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What Are Some of the Problems Associated with Measuring Inequality

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What are some of the problems associated with measuring inequality?


Definitions:

Goods

Tangible personal property or items that are bought, sold, or exchanged in commerce.

Commercial Unit

A single whole for the purpose of sale, the division of which impairs its character or value on the market, such as a set of furniture.

Division

The act of separating something into parts or the process of being separated.

Value

The importance, worth, or usefulness of something, often determined by personal beliefs, market forces, or cultural norms.

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