ATARMAxxing · WACE Year 11 Economics revision notes
Income distribution
Macroeconomics · Macroeconomics
What this note covers
- Income is a flow; wealth is a stock
- Constructing and reading a Lorenz curve
- Comparing distributions with the Gini coefficient
- Distribution and contemporary economic issues
4 sections · 6 key terms & formulas · 4 common mistakes
Common questions
What does the WACE Year 11 Economics note "Income distribution" cover?
This note has 4 sections on Income distribution. It includes 6 key terms and formulas, plus 4 common mistakes. It covers 2, Macroeconomics. The full section list is shown under “What this note covers”.
Is this WACE Year 11 Economics note free to read?
A sample section is free on the WACE Year 11 Economics hub. Full topic notes unlock with the Mastery Pack, one payment, no subscription.
Included in the WACE Year 11 Economics Mastery Pack
2 original practice exams with worked solutions, 16 revision notes, 160 practice questions and 192 flashcards.
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