Luck is more likely to influence incomes in the short run than in the long run.

Name: Luck is more likely to influence incomes in the short run than in the long run.
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Question

Quizplus · Accepted Answer

In the short run, unexpected opportunities or events can significantly impact incomes, but over the long run, factors like education, skills, and work experience tend to play a more substantial role in determining income levels, reducing the relative impact of luck.

Luck Is More Likely to Influence Incomes in the Short