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What are the labels of the axes on the Lorenz curve? What is the formula for the Gini coefficient? What is a regressive tax and
- What are the labels of the axes on the Lorenz curve?
- What is the formula for the Gini coefficient?
- What is a regressive tax and what is a progressive tax? Give examples of each.
- How has globalization increased inequality in developed economies? Refer to deindustrialization in your answer.
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