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A Natural Experiment Is a Study Investigating the Effects of a Naturally

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A natural experiment is a study investigating the effects of a naturally occurring event on the research participants.


Definitions:

Gini Ratio

A measure of the income distribution within a population, indicating inequality where 0 represents perfect equality and 1 represents perfect inequality.

Income Inequality

The uneven distribution of income within a population, leading to disparities in wealth and living standards.

Taxes And Transfers

Taxes and transfers involve government activities related to collecting revenues through various forms of taxation and redistributing income through welfare programs and other transfers to support social objectives.

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