There are limitations to relying solely on households' incomes when determining the distribution of economic well-being.

Question

Quizplus · Accepted Answer

While household income is an important measure of economic well-being, it does not take into account other factors that may affect quality of life, such as access to healthcare, education, and other essential resources. Additionally, income inequality within households may result in unequal distribution of economic well-being among family members. Therefore, it is necessary to consider other measures of well-being in addition to household income.

There Are Limitations to Relying Solely on Households' Incomes When