MCQOPTIONS
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| 1. |
Because in-kind transfers are not accounted for in standard measures of income distribution the standard measures of income distribution ? |
| A. | accurately represent the true inequality of living standards |
| B. | understate the inequality of living standards |
| C. | exaggerate the inequality of living standards |
| D. | could exaggerate of understate the inequality of living standards depending on whether the transfers are goods or services. |
| Answer» D. could exaggerate of understate the inequality of living standards depending on whether the transfers are goods or services. | |