The figure given below shows the Lorenz curves of two countries (Country A and Country B) .Figure 19.2
Total income (cumulative percentage)
Total population (cumuative percentage)
-The extent to which people move from one income quintile to another over time is called _____.
Definitions:
Bond
A connection, physical or emotional, that forms between individuals, such as between parents and children or between friends.
Endorphins
Natural chemicals produced by the body to relieve stress and pain, often associated with feelings of pleasure or euphoria.
Nervous System
The network of nerve cells and fibers that transmits nerve impulses between parts of the body, enabling communication and coordination.
Opiates
A group of drugs derived from opium that are used for their analgesic (pain relief) properties, but are also highly addictive.
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