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10 cards from this deck
Flow of money received over a specific time period
Total value of everything owned at a point in time
One-fifth of a total amount divided into equal groups
Wages, salaries, self-employment income
When an asset's value increases
Equality=same treatment; equity=fair but different treatment
Cumulative % of income vs cumulative % of population
Perfect equality (everyone has same income)
Taking income from rich and redistributing to poor
As income rises, greater proportion paid in tax
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