Because in-kind transfers are not accounted for in standard measures of income distribution the standard measures of income distribution ?
Found an error? Read our corrections policy and report it in the comments below.
A. understate the inequality of living standards
B. accurately represent the true inequality of living standards
D. could exaggerate of understate the inequality of living standards depending on whether the transfers are goods or services.
Found an error? Read our corrections policy and report it in the comments below.