Question

A data in which we study about income is called​

Answer 1

Step-by-step explanation:

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The Panel Study of Income Dynamics (PSID) is a longitudinal panel survey of American families, conducted by the Survey Research Center at the University of Michigan.

The PSID measures economic, social, and health factors over the life course of families over multiple generations. Data have been collected from the same families and their descendants since 1968.[1] It has been claimed that it is the world’s longest running household panel survey.

Answer 2

The answer is a Panel Study of Income Dynamics.

• The Panel Study of Income Dynamics is a data study which is carried out by the Survey Research Center at the University of Michigan.

• It deals with the data reports of the income of the families and their members. It is the longest-running survey that refers to the study of household and their family records and income rates.

• It not only records data about the entire family as a whole but also records the data of each member.

• The collected data can refer to information like employment, earnings, income from all sources, expenditures, housing, education, health status, health behaviors, health insurance, early childhood and adult health conditions, emotional well-being, life satisfaction, mortality, and cause of death, marriage and fertility, participation in government programs, wealth, pensions, and, philanthropy.

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