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What is the Gini coefficient?

The Gini coefficient is a measure of inequality. It is equal to 0 when there is no inequality (the economy's income is shared perfectly equally between all individuals) and up to 1 which is perfect inequa...

KH
Answered by Kathryn H. Economics tutor
3110 Views

What is consumer and producer surplus?

Consumer and producer surplus are shown by the basic demand and supply curve diagram. Drawing a dotted line from the equilibrium point to each of the axis allows us to show them. The consumer surplus is t...

KH
Answered by Kathryn H. Economics tutor
2739 Views

Explain what could cause the pound sterling to appreciate.

An appreciation causes a currency to become worth more against other currencies. Using a whiteboard - draw a diagram of a supply/demand exchange rate curves, showing that demand needs to increase and/or s...

RW
Answered by Rachel W. Economics tutor
12470 Views

Explore the significance of Elizabeth's speech and thought in Frankenstein.

Elizabeth is introduced within the novel as a “pretty present”, which in itself is objectifying her through the use of the concrete noun known for its possessive aspects. Due to this, Victor describes how...

KN
Answered by Katherine N. English tutor
13165 Views

What is the difference between mRNA and pre-mRNA in a eukaryotic cell?

The major difference between pre-mRNA and mRNA is that pre-mRNA is the immediate product of transcription which is comprised of both exons (coding sequences) and introns (non-coding sequences). After tran...

MY
Answered by Matt Y. Biology tutor
42729 Views

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