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What is the Gini coefficient?

Gini coefficient = (give equation)

The lower the gini coefficient, the ....

What can gini coefficients and lorenz curves be applied to?

Give 3 causes of income inequality

Give 6 causes of wealth inequality (which is more unequally distributed than income)- should be able to explain atleast 4 of them

List 4 policies to tackle equality (should be able to explain each)

Recent data on distribution of household income...

Define absolute poverty

Define relative poverty