8. measuring income inequality every year, the u. s. census bureau conducts an income survey of about 60,000 american families that are carefully selected to represent the whole population. the data collected are used to measure income inequality. which of the following is a reason that census data may overstate income inequality? census data count all cash and noncash transfers as income. in-kind transfers, such as food stamps, medicaid, and housing assistance, are not counted as income. census figures record after-tax rather than before-tax income.

Based on this model, households earn income whenfirms purchasegoods and services in factor markets. suppose eileen earns $575 per week working as an analyst for a-plus accountants. she uses $10 to buy a box of aspirin at pillmart pharmacy. pillmart pharmacy pays clancy $250 per week to work the cash register. clancy uses $125 to purchase tax services from a-plus accountants. identify whether each of the following events in this scenario occurs in the factor market or the product market. event factor market product market eileen earns $575 per week working for a-plus accountants. eileen spends $10 to buy a box of aspirin. clancy spends $125 to purchase tax services from a-plus accountants. which of the elements of this scenario represent a flow from a firm to a household