Which of the Following Statements Is Correct

question 143

Multiple Choice

Which of the following statements is correct?

• A)The distribution of annual income accurately reflects the distribution of living standards.
• B)Permanent incomes are more equally distributed than annual incomes.
• C)Transitory changes in income generally have a significant impact on a family's standard of living.
• D)Annual income is more equally distributed than permanent income.

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Definitions:

Resources

Assets, materials, or other assets that are available to an individual, organization, or country, used to function effectively and achieve objectives.

Hindrance

An obstacle or barrier that prevents progress or makes it difficult for something to be achieved.

Stressor

Any physical or psychological factor that causes stress or tension in an individual.

Political Environments

The external conditions and factors within the political sphere that influence individuals, businesses, and organizations.