Some Economists Prefer to Look at the Distribution of Consumption

question 107

Multiple Choice

Some economists prefer to look at the distribution of consumption rather than that of income. A Review of Economic Studies article in 2006 reported that consumption inequality in the U.S. is

• A) about the same as the income inequality.
• B) worse than the income inequality.
• C) less severe than the income inequality.
• D) highly unstable from one year to the next.

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Definitions:

Cancerous Tumor

An abnormal growth of cells that can invade and destroy surrounding tissue and potentially spread to other parts of the body.

Reticulosarcoma

An outdated term for a type of non-Hodgkin lymphoma that affects cells in the immune system, now more specifically classified.

Rhabdomyosarcoma

A malignant tumor of skeletal muscle tissue.

Leiomyosarcoma

A rare type of cancer that occurs in smooth muscle tissue, found in the uterus, stomach, intestines, and blood vessels.