Examlex
If events A and B are mutually exclusive, then P(A|B) is always equal to zero.
High-Income
Refers to individuals, households, or countries that earn significantly above the average income level, often associated with greater disposable income and purchasing power.
Per Capita Income
The average income earned per person in a given area or country, calculated by dividing the total income by the population.
Income Gap
The disparity in the distribution of income among different groups within a population, often between the rich and the poor.
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