Examlex
This spreadsheet calculates a yearly pension.The formulas are entered in column B.What is the spreadsheet formula for B7?
Income Distribution
How a nation’s total GDP is distributed amongst its population, a key factor in understanding economic inequality and wealth distribution within a society.
Inequality
Refers to the uneven distribution of resources or opportunities within a society, often manifesting in disparities in income, wealth, health, and access to services.
Lorenz Curve
A graphical representation of the distribution of income or wealth within a society, showing the proportion of total income earned by cumulative percentages of the population.
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