How income is distributed is typically measured using

Question

Quizplus · Accepted Answer

Personal income is the measure of income that individuals receive from all sources, including wages, salaries, dividends, and government transfers. This measure allows for the calculation of income distribution among individuals or households. In-kind income refers to non-cash benefits such as food stamps and housing subsidies, which are important measures of poverty but not necessarily indicative of income distribution. Wealth refers to net worth or accumulated assets, which is not the same as income distribution. The production of goods and services is not a measure of income distribution but rather an indicator of economic activity.

How Income Is Distributed Is Typically Measured Using