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3. It is also possible for income inequality to change without affecting the poverty rate. True or False.

a. True

b. False

Explaining Income Inequality

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1 Nov 2020

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Related textbook solutions

Principles of Economics

2nd Edition, 2017

ISBN: 9781947172364

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ISBN: 9781947172388

Principles of Microeconomics

ISBN: 9781947172340

Related questions

2. Poverty can change even when inequality does not move at all. True or False.

a. True

b. False

12. Government policies to reduce poverty or to encourage economic equality, if carried to extremes, can injure incentives for economic output. True or False.

a. True

b. False

If a rise in incomes is the same proportion for both low-income and high-income workers.

a)then poverty will rise and inequality will remain unchanged
b)then poverty will fall and inequality will remain unchanged
c)then poverty will riseand inequality will rise.
d)then poverty will fall and inequality will fall.

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