Examlex
In a short paragraph, explain how the World Bank measures global inequality. What are some of the problems with measuring global inequality in this way?
Book Value
The net value of a company's assets minus its liabilities, often used to assess the company's worth.
Gain
A financial increase or profit, particularly from the sale of investments or assets, not typically related to the entity’s primary operations.
Extraordinary Repair
A significant restoration or overhaul that extends an asset's useful life beyond its original forecast.
Gain
A gain refers to an increase in wealth or resources, typically measured in financial terms and often realized from the sale of an asset for more than its cost.
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