Explain why some economists favor the use of permanent income rather than annual income of a household when examining income inequality in a country.

Name: Explain why some economists favor the use of permanent income rather than annual income of a household when examining income inequality in a country.
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The Answer of Explain why some economists favor the use of permanent income rather than annual income of a household when examining income inequality in a country.

Explain Why Some Economists Favor the Use of Permanent Income