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Financial inclusion is the availability and equality of opportunities to access financial services. [1] It refers to processes by which individuals and businesses can access appropriate, affordable, and timely financial products and services—which include banking, loan, equity, and insurance products.
An item bank Or Question Bank is a term for a repository of test items that belong to a testing program, as well as all information pertaining to those items. In most applications of testing and assessment , the items are of multiple choice format, but any format can be used.
The Atkinson index is defined as: (, …,) = {(=) / (=) / = (,...,) = +where is individual income (i = 1, 2, ..., N) and is the mean income.. In other words, the Atkinson index is the complement to 1 of the ratio of the Hölder generalized mean of exponent 1−ε to the arithmetic mean of the incomes (where as usual the generalized mean of exponent 0 is interpreted as the geometric mean).
According to a December 2020 analysis of W-2 earnings data from the Economic Policy Institute U.S. income inequality is worsening, as the earnings of the top 1% nearly doubled from 7.3% in 1979 to 13.2% in 2019 while over the same time period the average annual wages for the bottom 90% have stayed within the $30,000 range, increasing from ...
Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is distributed among the owners), and c) consumption inequality (how the total sum of money spent by people is distributed among the spenders).
In the discrete case, an economic inequality index may be represented by a function I(x), where x is a set of n economic values (e.g. wealth or income) x={x 1,x 2,...,x n} with x i being the economic value associated with "economic agent" i.
Series 00 – General Securities Principal Exam (Discontinued; Series 1 – Registered Representative Exam (Discontinued) Series 2 – Non-Member General Securities Exam (Discontinued) Series 3 – National Commodities Futures Exam* Series 5 – Interest Rate Options Exams
The Gini coefficient, which measures inequality on a scale from 0 to 1(with 1 being very high inequality) was 0.367 in New England and the Middle Atlantic, as compared to 0.57 in Europe. Some reasons for this include the ease that the average American had in buying frontier land, which was abundant at the time, and an overall scarcity of labor ...