Because in-kind transfers are not accounted for in standard measures of income distribution the standard measures of income distribution ?

Related Mcqs:

If people can borrow and lend to perfectly smooth out their lifetime living standards, then ?

A. transitory income is a good measure of the distribution of living standards B. none of these answers C. permanent income is a good measure of the distribution of living standards. D. life-cycle income is a good measure of the distribution of living standards. E. current annual income is a good measure of the distribution … If people can borrow and lend to perfectly smooth out their lifetime living standards, then ?Read More...

In a competitive labour market firms will hire labour up to the point where the marginal revenue product of labour equals ?

A. total labour cost B. the marginal product C. the price of the product D. the wage rate...

The formula for the marginal revenue product of labour (L is for labour, X is the product) is ?

A. MPL + PX B. (MPL) (PX) C. PX/MPL D. MPL/PX...

Rank utilitarianism liberalism, and libertarianism in sequence from the political philosophy that would redistribute income the greatest to the one that would redistribute income the least?

A. utilitarianism, liberalism, libertarianism B. All three political philosophies argue for similar degree of income redistribution C. liberalism, libertarianism, utilitarianism D. libertarianism liberalism, utilarianism E. libertariansim, utilitarianism, libertarianism...

A progressive income tax means that those with a higher income pay ?

A. a higher percentage of their income in taxes then low income people B. a lower percentage of their income in taxes than low income people C. the same percentage of their income in taxes as low income people all the taxes in the economy. D. all the taxes in the economy...