Some economists contend that in-kind transfers should be included in the calculation of an individual's income because
A) in-kind items do not cost anything.
B) simple money income is not a complete measure of one's command over goods and services.
C) in-kind items make a person "better off" than the person's actual money income would lead us to believe.
D) b and c
Correct Answer:
Verified
Q29: Which of the following statements is false?
A)If
Q30: Which of the following statements is false?
A)The
Q31: Which of the following is an example
Q32: Which of the following statements is true?
A)The
Q33: If the Gini coefficient is zero, there
Q35: An individual's income equals
A)labor income + wages
Q36: The Gini coefficient is a number between
A)0
Q37: If the Gini coefficient is 1, there
Q38: To an economist, wage discrimination exists when
A)individuals
Q39: The larger the Gini coefficient, the
A)greater the
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