Examlex
Find the z-score for an IQ test score of 118 when the mean is 100 and the standard deviation is 15.
Tax Incidence
The analysis of the effect of a particular tax on the distribution of economic welfare among entities, determining who ultimately bears the cost of the tax.
Burden
The load, duty, responsibility, or stress placed upon an individual or entity.
Distribution of Income
The way in which a nation’s total earnings are divided among its population, or the way in which wealth is shared amongst individuals.
Evade
To avoid or escape from something or someone, often by using cunning or deceit.
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