The movement of individuals and households from one income range to another is called

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Income mobility refers to the movement of individuals and households from one income range to another. This can occur due to changes in employment, education, and other factors that affect income. Wealth mobility refers to the movement of individuals and households from one level of wealth to another. In-kind transfers are non-cash benefits provided by the government to individuals or households, such as food stamps or housing assistance. The Samaritan's dilemma refers to the tension between wanting to help those in need and the potential negative consequences of that help, such as creating dependency. A compensating differential refers to the difference in wages or benefits paid by employers to workers in different industries or occupations to compensate for differences in working conditions or job characteristics.

The Movement of Individuals and Households from One Income Range