Examlex
Discount rate is the interest rate on the loans that the Fed makes to banks.
Lorenz Curve
A graphical representation of the distribution of income or wealth within a society, demonstrating inequality.
Income Distribution
The way in which a nation’s total earnings are spread among its population.
Economic Pie
A metaphorical representation of a country's total economic output or wealth, indicating how it may be divided or shared among different groups or sectors.
Tax and Transfer Programs
Government initiatives designed to redistribute income through taxation and then allocate these funds to various social welfare programs.
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