Inequality Is Often Measured in Terms of Wealth and Income

question 39

Multiple Choice

Inequality is often measured in terms of wealth and income because it is difficult to reliably measure inequality in

• A) money.
• B) property.
• C) power and prestige.
• D) debt.

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Definitions:

Merchandise

Goods or products that are bought and sold by businesses in the market.

Purchase Order

A document issued by a buyer to a seller indicating types, quantities, and agreed prices for products or services.

Internal Control

A process implemented by a company to help ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.