Examlex
When the moon looks larger at the horizon than it does high in the sky,it is just an optical illusion.The image is actually the same size.
Perfect Income Equality
A hypothetical situation where all individuals within an economy have the exact same income, eliminating income disparities.
Top Quintile
The highest fifth of a population in income or wealth distribution, representing those with the greatest share of income or wealth.
Income
Money received, especially on a regular basis, for work, through investments, or from business activities, used to fund day-to-day expenditures or save for the future.
Bottom Quintile
The lowest fifth or 20% segment of the population in a statistical distribution, often used in reference to income levels.
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