Examlex
Which of the following represent investment goals?
I. saving for major expenditures such as a house or education
II. sheltering income from taxes
III. increasing current income
IV. saving funds for retirement
Transfer Programs
Government initiatives designed to redistribute wealth from certain groups of individuals to others, often aimed at reducing poverty or supporting specific demographics.
Income Inequality
The uneven distribution of income within a population, leading to disparities between the rich and the poor.
Pure Luck
Pure luck refers to outcomes that are entirely beyond one's control and happen by chance.
Transfer Payments
Money distributed from one entity to another without an exchange of goods or services, e.g., social security benefits.
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