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List and Describe the Components of This Thread Note by Specifying

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List and describe the components of this thread note by specifying A through D: M 10 X 1.5-6H [M=A, 10=B, 1.5=C, 6H=D].


Definitions:

Gini Ratios

Measures of income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality).

Income Inequality

The uneven distribution of income within a population, where earnings are not equally distributed among individuals or groups.

Progressive Income Tax

A tax system where the tax rate increases as the taxable income of the taxpayer increases, aiming at a more equitable distribution of wealth.

After-Tax Lorenz Curve

A graphical representation that shows the distribution of income or wealth within an economy after accounting for taxes.

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