Evidence seems to indicate that the distribution of income prior to adjusting for taxes and in-kind transfer payments is

Name: Evidence seems to indicate that the distribution of income prior to adjusting for taxes and in-kind transfer payments is
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The distribution of income becomes more equal after adjusting for taxes and in-kind transfer payments because these adjustments typically redistribute income from higher-income individuals to lower-income individuals, thus reducing income inequality.

Evidence Seems to Indicate That the Distribution of Income Prior