Contrary to popular belief, the richest families in the United States became slightly poorer in recent years

Refer to Figure 13.2. Oliver's political views place him at the L4 position and George's political views place him at the C4 position

Based on the two candidates' political views, Sam Butcher decides to enter the race as a third-party candidate and he espouses political views that place him at the M position. For George to now win the election, he will have to A) stay at the C4 position. B) move to the M position. C) move to the C1 position. D) move to the L4 position.

According to the fundamental identity of national income accounting, income and output are identical. Why, then, is national income not equal to GDP?

What will be an ideal response?