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Income or wealth are often used to measure individual well-being because

Ryanteck

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6 years ago

Income or wealth are often used to measure individual well-being because

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.

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Akshtsaklani21

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Ryanteck Author

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6 years ago

Thanks for your help!!

tcat

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Yesterday

Good timing, thanks!

Smair87

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2 hours ago

I appreciate what you did here, answered it right Smiling Face with Open Mouth

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