Income inequality in an economy is traditionally measured by

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Calculating the percentage of families that fall into broad income classifications is the traditional method of measuring income inequality in an economy. This method allows for a comparison of the distribution of income across different income groups and provides a more comprehensive understanding of the level of inequality in an economy. The use of a Bell curve, standard international distribution tables, or Poisson distribution is not the traditional method for measuring income inequality.

Income Inequality in an Economy Is Traditionally Measured by