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Which of the following is why census data may overestimate income inequality? In-kind transfers do not improve standards of living but are counted as income.
Which of the following is why census data may overestimate income inequality? In-kind transfers do not improve standards of living but are counted as income. Poverty figures are not adjusted for unreported income. Government counters are unable to find some poor persons, such as people experiencing homelessness. Few people move from one income quintile to another over the years
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