1. 3. Mat ea concept in Column A with a definition or example in Column B. Column...

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1. 3. Mat ea concept in Column A with a definition or example in Column B.

Column A Column B

a. Economic mobility 1. A very unequal income distribution

b. Kuznets curve hypothesis 2. Wages, salaries, and fringe benefits

c. Capital gain 3. Income not adjusted for taxes and transfers

d. intile 4. Payments for the use of an asset

e. Labor income 5. A very equal income distribution

f, A Gini ratio close to 1 6. A group containing 20 percent of the total g. Disposable income 7. Changes in one's economic status over time h. A Gini ratio close to 0 8. An increase in the value of an asset at the time of sale i. Rent 9. Inequality first increases, then decreases, with development j. Market income 10. Income adjusted for taxes and transfers

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Macroeconomics In Context

ISBN: 9781032170374

4th Edition

Authors: Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Pratistha Joshi Rajkarnikar, Brian Roach, Mariano Torras

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