Asked by Brianna Abeyta on Apr 27, 2024
Verified
Standard census data on the distribution of income
A) take all taxes and transfer payments into account.
B) are before taxes in that they do not account for personal income and payroll taxes.
C) include noncash transfers.
D) exclude cash transfers.
Standard Census
A government-enumerated survey conducted at regular intervals that collects comprehensive demographic, social, and economic data about the population.
Income Distribution
Describes how a country's total GDP is spread amongst its population, affecting wealth disparity and economic stability.
- Evaluate the role of noncash and cash transfers in affecting income distribution.
Verified Answer
VL
Vanessa LaheeMay 03, 2024
Final Answer :
B
Explanation :
Standard census data on the distribution of income are typically presented before taxes, meaning they do not account for personal income and payroll taxes, which can significantly alter the distribution of income after taxes are considered.
Learning Objectives
- Evaluate the role of noncash and cash transfers in affecting income distribution.
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