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If the Definition of Income Were Broadened to Include Changes

Question 22

Multiple Choice

If the definition of income were broadened to include changes in capital gains,_____


A) the observed growth in inequality would be higher.
B) the observed growth in inequality would be lower.
C) the unemployment rate would be lower.
D) the unemployment rate would be higher.
E) the top 10 percent of the population would be wealthier.

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