The distribution of wealth

Question $12$ options:

is an accurate measure of the degree of inequality.

overstates the degree of inequality because it does not take into account the family's stage in its life cycle.

understates the degree of inequality because it does not take into account the family's stage in its life cycle.

overstates the degree of inequality because it does not take into account the distribution of human capital.

understates the degree of inequality because it does not take into account the distribution of human capital.