Because in-kind transfers are not accounted for in standard measures of income distribution the standard measures of income distribution?
Aunderstate the inequality of living standards
Bcould exaggerate of understate the inequality of living standards depending on whether the transfers are goods or services.
Caccurately represent the true inequality of living standards
Dexaggerate the inequality of living standards
Correct answer
D. exaggerate the inequality of living standards
Explanation
The correct answer is exaggerate the inequality of living standards.