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____ Have Been Successful Because Consumers Are Willing to Drive

question 152

Multiple Choice

____ have been successful because consumers are willing to drive significant distances to save money buying manufacturers' closeouts and irregulars.


Definitions:

Worst-off Person

Refers to an individual in a group or society who has the lowest welfare, income, or standard of living, often considered in discussions of equity and distributive justice.

Distribution of Income

Refers to the way in which total income is shared among the holders of different types of assets within an economy.

Negative Income Tax

A tax system that collects revenue from high-income households and gives subsidies to low-income households.

Family Income

The total amount of money earned by members of a family, typically measured annually.

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