Examlex
Which of the following best defines demographics?
Liberalism
The political philosophy according to which the government should choose policies deemed just, as evaluated by an impartial observer behind a “veil of ignorance”.
Sum of Utility
The total satisfaction or benefit derived from consuming a particular set of goods or services.
Income Inequality
Refers to the uneven distribution of income and wealth across the different participants in an economy.
In-kind Transfers
Non-cash benefits provided by the government to individuals, such as food stamps, housing assistance, and medical services, aimed at meeting basic needs.
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