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GDP

In Contemporary World by jordankent0 Comments

The gross domestic product (GDP) is one of the primary indicators used to gauge the health of a country’s economy. It represents the total dollar value of all goods and services produced over a …

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Gini Coefficient

In Contemporary World by jordankent0 Comments

The Gini index or Gini coefficient is a statistical measure of distribution developed by the Italian statistician Corrado Gini in 1912. It is often used as a gauge of economic inequality, measuring income …