Suppose that Jane earns $10,000 in year 1 and $15,000 in year 2, while Jim earns $15,000 in year 1 and $10,000 in year 2. Is there income equality for the two individuals?
A. The annual data indicate equality, but the two-year data indicate inequality
B. The annual data indicate inequality, but the two-year data indicate equality
C. Both the annual and the two-year data indicate equality
D. Both the annual and the two-year data indicate inequality
B. The annual data indicate inequality, but the two-year data indicate equality
Economics
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