The data used to measure inequality is based on annual income but people really care about their standard of living,so these measurement tools give an incomplete picture.

Question

Quizplus · Accepted Answer

While annual income is an important factor in measuring inequality, it does not necessarily reflect people's overall standard of living. Other factors such as access to education, healthcare, and affordable housing also play a role in determining one's standard of living. Therefore, relying solely on income data gives an incomplete picture of inequality.

The Data Used to Measure Inequality Is Based on Annual