The movement of individuals and households from one income quintile to another over time is called
A) income averaging.
B) wealth turnover.
C) income mobility.
D) the ratchet effect.
Correct Answer:
Verified
Q91: Q92: Which of the following is a noncash Q93: Income mobility Q94: Q95: In the United States, Q97: Income mobility Q98: Which of the following countries has the Q99: If discrimination based on gender and race Q100: Differences in the amounts and quality of Q101: The basic economic argument for greater income
A)contributes to greater wealth inequality in
A)taxes decrease, but transfers
A)makes lifetime income inequality among income
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