Incomes for both low-income and high-income workers go up. However, the increase is higher for high- income workers. Which of the following will happen? Question 23 options: Poverty will fall and inequality will rise. Poverty will rise and inequality will rise. Poverty will fall and inequality will fall. Poverty will rise and inequality will rise.
Incomes for both low-income and high-income workers go up. However, the increase is higher for high- income workers. Which of the following will happen? Question 23 options: Poverty will fall and inequality will rise. Poverty will rise and inequality will rise. Poverty will fall and inequality will fall. Poverty will rise and inequality will rise.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Incomes for both low-income and high-income workers go up. However, the increase is higher for high- income workers. Which of the following will happen?
Question 23 options:
|
Poverty will fall and inequality will rise. |
|
Poverty will rise and inequality will rise. |
|
Poverty will fall and inequality will fall. |
|
Poverty will rise and inequality will rise. |
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