Each of the Following Contributes to Income Inequality Except

question 37

Multiple Choice

Each of the following contributes to income inequality except

• A) differences in ability and training.
• B) differences in job tastes.
• C) differences in wealth ownership.
• D) government transfers.

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Definitions:

Payable to Bearer

A financial instrument or document that allows the person in possession (the bearer) to receive the assets specified therein, without the need to prove identity.

Identified Person

An individual who has been recognized or singled out from others based on specific criteria or identifiers.

Indorsed

means to have a signature added to the back of a financial instrument, thereby authorizing its use or transfer to another party.

Order Paper

A financial instrument made out to a specific individual or entity and can only be transferred to a new holder when endorsed by the named party.