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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...
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...
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...
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...
We need to multiply both sides by the denominator (the bottom of the fraction) in both fractions so we get:(x+2)(x-3)(x+1)/(x-3)=(x-6)(x-3)(x+1)/(x+1)Now, we can see that we can cancel each fraction to ge...
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