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How the nation’s total income is spread out among its population is referred to as _____?

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Income distribution refers to the process on how a nation’s income is distributed in its economy. Income comes in the form of Gross Domestic Product (GDP). The distribution of income has always been the central concern of both economic theories and policies. There will always be income distribution inequality present in any economy as long as capitalists thrive in society.

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User Javier Luraschi
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