Permanent income is a person's:
A) average income over the past 10 years.
B) fixed income in retirement.
C) average income over their lifetime.
D) estimate of future income based on education and skills.
Correct Answer:
Verified
Q20: Economists believe that average lifetime income is
Q21: _ is often used as a measure
Q22: Intergenerational mobility is the extent to which:
A)children
Q23: How do people's beliefs about the distribution
Q24: How do American's beliefs about the ideal
Q26: Differences in consumer spending tend to vary
Q27: The distribution of wealth is _ the
Q28: Juan is 80 years old. Over Juan's
Q29: How has the U.S. poverty rate varied
Q30: The poverty line is:
A)a measure that is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents