Suppose that young people often borrow and then repay the loans when they are older. These actions relate to which problem in measuring inequality?
a. in-kind transfers
b. the economic life cycle
c. a negative income tax
d. economic mobility
b
Economics
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Most economic growth in the world occurred between 1,000,000 B.C. and 1300 A.D
Indicate whether the statement is true or false
Economics
Most economists feel that the ability to alter the unemployment rate with fiscal and monetary policies is ______.
a. more limited than previously believed b. more powerful than previously believed c. impossible d. easy
Economics