Suppose you live in Country A, where everyone begins the year with the same income. Over the course of the year, your income rises by $1,000, but everyone else's rises by $500. You have experienced

Suppose you live in Country A, where everyone begins the year with the same income. Over the course of the year, your income rises by $1,000, but everyone else's rises by $500. You have experienced




A. An increase in absolutely economic mobility but a decrease in relative economic mobility
B. A decrease in absolute economic mobility but an increase relative economic mobility
C. An increase in absolute and relative economic mobility
D. A decrease in absolute and relative economic mobility


Answer: C. An increase in absolute and relative economic mobility


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