The distribution of income typically refers to how income is distributed across the population ________.Income mobility looks at how a person or family's income changes ________.
A)in a particular year; over time
B)over a lifetime; each year
C)by age group; by education level
D)by race and gender; based on the state of the economy

Question

Quizplus · Accepted Answer

The distribution of income refers to how income is distributed across the population in a particular year, while income mobility looks at how a person or family's income changes over time. Therefore, option A is the best choice as it correctly contrasts the two concepts. Option B is incorrect as income mobility is not solely concerned with changes in income "over a lifetime." Option C and D are irrelevant as they do not address the concepts of income distribution and income mobility.

The Distribution of Income Typically Refers to How Income Is