The Lorenz Curve · Inequality in One Picture #Shorts
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YouTubeMacro Economics with Michael.
The Lorenz Curve · Inequality in One Picture #Shorts
Diagonal = perfect equality. Actual curve sags below. Bottom 20% always gets less than 20% of income. The gap = the inequality. Subscribe to Macro Economics with Michael for more. #Shorts #Macroeconomics #FiscalPolicy
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