Which of the following does Statistics Canada use to provide measures of economic inequality?

Question

Quizplus · Accepted Answer

Statistics Canada uses all three measures of income (market income, total income, and after-tax income) to provide a comprehensive picture of economic inequality. Market income refers to income earned from market activities (such as wages or profits from businesses), while total income includes both market income and government transfers (such as pensions or social assistance). After-tax income, as the name suggests, takes into account the effect of income taxes and government transfers on individuals' disposable income. By using all three measures, Statistics Canada is able to capture different aspects of economic inequality and provide a more nuanced understanding of income distribution in Canada.

Which of the Following Does Statistics Canada Use to Provide