When gauging the amount of inequality, why do transitory and life cycle variations in income cause difficulties?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 07:24 AM

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When gauging the amount of inequality, why do transitory and life cycle variations in income cause difficulties?

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Since people may have temporarily high or low income due to ...View the full answer

Principles of economics

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