Examlex
First normal form means that the data has been organized in such a manner that it has a primary key and no repeating groups.
Relative Income
The comparison of an individual's or household's income to the larger society, which can influence spending, saving, and lifestyle choices.
Redistributing Income
The process by which government policies or mechanisms transfer income from certain groups of individuals to others to promote economic equality.
Equality
The state of being equal, especially in status, rights, and opportunities.
Incentives
Motivations or rewards designed to engender specific behaviors or actions in economic agents.
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