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Other Fields Homework Help Economics Topic started by: Ryanteck on Jun 27, 2017



Title: Income or wealth are often used to measure individual well-being because
Post by: Ryanteck on Jun 27, 2017
Income or wealth are often used to measure individual well-being because
A) as income and wealth increase, individuals are able to consume more and thus must be better-off.
B) they are assumed to be related to utility and are easily measured while the best measurement, utility, is not.
C) both can be redistributed to improve equity.
D) they are the best measures of well-being since the more you have of either of them the better-off you are.


Title: Re: Income or wealth are often used to measure individual well-being because
Post by: Akshtsaklani21 on Jun 27, 2017
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