Because in-kind transfers are not accounted for in standard measures of income distribution the standard measures of income distribution ?

Related Mcqs:

1. Because people’s income vary other the life cycle and because there are transitory shocks to people’s incomes the standard measures of income distribution ?

   A. exaggerate the inequality of living standards
   B. could exaggerate or understate the inequality of living standards depending on whether the transitory shocks are positive or negative
   C. understate the inequality of living standards
   D. accurately represent the true inequality of living standards

2. Net transfers are______________?

   A. investment loans, and grants from overseas minus international resource outflows
   B. net international resource flows minus net international interest payments and profit remittances
   C. international resource outflows minus international balance of payments and profit remittances
   D. foreign direct investment inflow minus investment loans and grants from overseas

3. The record of a county’s transfers of shareholding property and bank deposits to and from abroad is called its ?

   A. financial account on the balance of payments.
   B. balance of payments
   C. balance of payments on current account
   D. capital account of the balance of payments

4. The record of a country’s imports and exports of of goods and services plus net investment incomes and current transfers of money to and from abroad, is called its ?

   A. balance of payments on current account
   B. visible trade balance
   C. balance of trade
   D. balance of payments

5. The record of country’s transfers of land inter-government payments and money sent by migrants to and from abroad is called its ?

   A. balance of payments
   B. capital account of the balance of payments
   C. financial account of the balance of payments
   D. balance of payments on current account

6. The functional distribution of income shows how national income is divided between ?

   A. employees
   B. the population
   C. the factors of production
   D. the working population

7. The World Bank’s GNP per capita classification for low income middle income and high income countries respectively is ?

   A. less than $900, $900-$9000 and more than $9000
   B. less than $5000, $5000-$15000 and more than $15000
   C. less than $100, $100-$1000 and more than $1000
   D. less than $5000, $5000-$150000 and more than $150000

8. A tax for which high income taxpayers pay a smaller fraction of their income than do low income taxpayers is known as ?

   A. a proportional tax
   B. a regressive tax
   C. an equitable tax
   D. a progressive tax

9. If the income tax rate changes from 30% to 40% on income over Rs30,000 and a person’s income is Rs 31,000 then her marginal tax rate is ?

   A. 30%
   B. 10%
   C. 70%
   D. 40%

10. More and more salespeople are being evaluated and compensated based on different measures than in the past. All of the following are illustrations of those measures EXCEPT ?

    A. long term customer sanctification
    B. competitive predatory pricing performance
    C. full customer service
    D. retention rates