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What is the difference between an absolute advantage and a comparative advantage?
Income Inequality
The unequal distribution of income among members of a society.
Gini Ratio
An assessment of the variation in income levels within a population, where 0 reflects equality in earnings and 1 reflects the highest possible inequality.
Income Inequality
The uneven distribution of income across various participants in an economy.
Income Inequality
The uneven distribution of income within a population, leading to a gap between the wealthiest and the poorest individuals.
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