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Which of the Following Is a Limitation of Using Income

Question 27

Multiple Choice

Which of the following is a limitation of using income to measure a family's or individual's economic well-being?


A) income does not include the value of stocks, real estate, and other noncash economic assets
B) government studies measuring income use measures and methodologies that are too similar
C) there is an overreporting of income
D) none of the above

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