Please Define the Following Key Terms

question 68

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-zaibatsu

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Definitions:

Property Income

Earnings from property ownership, including rent, dividends, and interest.

Gini Coefficient

A commonly used measure of the degree of inequality of income derived from a Lorenz curve. It can range from 0 to a maximum of 1.

Lorenz Curve

A graphical representation of the distribution of income or wealth within a society, showcasing the degree of inequality.

45-Degree Line

In economics, often used in Keynesian cross diagrams to show points where aggregate output (or income) equals aggregate expenditure, indicating equilibrium.