What economic concept is exemplified by an employer offering tuition reimbursement to employees who are continuing their education?

Which of the following is a balance of payments account?

i. current account ii. past account iii. capital and financial account A) i only B) ii only C) iii only D) i and iii E) i, ii, and iii

Which of the following represents a problem in measuring inequality?

a. Measurements of income distributions typically include in-kind transfers, which distort the measure of inequality. b. A normal life-cycle pattern causes inequality in the income distribution but may not reflect inequality in living standards. c. Transitory income is a better measure of inequality than permanent income. d. Both a and b are correct.