Examlex
Deposits of a resource that have been identified and are commercially extractable at present prices are called:
Income Mobility
Refers to the ability for an individual or family to move up or down the economic ladder within a society over time.
Income Quintile
A method of dividing a population into five equal groups based on their income levels.
Lowest Quintile
The segment of a population that falls within the bottom 20% in terms of income distribution or other statistical measurement.
Gini Ratio
A tool to evaluate income discrepancies within a group, spanning from 0, which means everyone earns the same, to 1, where one person has all the income.
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