Question

Started: Jan 7 at 10:08pm Quiz Instructions D Question 18 1 pts How can measurements of income inequality be misleading to politicians and economists? O There is no agreement as to what constitutes income inequality. O Most developed economies employ wealth redistribution systems, which skew the effect wealth has on income inequality. O All statistics regarding income inequality give disproportionate weight to factors like corruption and wealth O Income inequality is difficult to measure and easy to misinterpret O Since all forms of discrimination can be accurately quantified, policy makers may assume that other factors can be accounted for in the same manner.

Answer 1

Measurement of income inequality mislead to politicians and economists as all the statistics regarding it give diapportionate weight to factors like corruption and wealth .

Income inequality define as unequal distribution of income between individuals.it mislead the politicians and economists by not giving appropriate data of income distribution.

Corruption is important factor for income inequality due to it rich become rich and poor people goes into depth of trap of powerty. It increases the GDP of the nation but not distribute income equaly