Author Question: According to the textbook, income inequality statistics can be misleading because A) they are ... (Read 84 times)

tnt_battle · **on:** Jun 29, 2018

According to the textbook, income inequality statistics can be misleading because

A) they are collected by the Census Bureau, whose objectivity cannot be trusted.
B) they ignore the income mobility of individual families and households through time.
C) they do not take into account inflation.
D) they fail to be of use in policy proposals and debates.

Question 2

The concept of private property is

A) a legal absolute.
B) a matter of degree.
C) a moral absolute.
D) an invention of economists.