U.S. poverty figures do not include in-kind transfers or underreporting of income.
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Q10: Economic theory tells us that inequality in
Q11: Income is more unequally distributed than wealth
Q12: A Lorenz curve is a geometric representation
Q13: Most economists believe that it is impossible
Q14: Positive economics is concerned with justifying a
Q16: If there were no income inequality in
Q17: The United States has the least income
Q18: Poverty is defined by the U.S. government
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Q20: All real-world Lorenz curves are below the
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