ECON MICRO
ECON MICRO
5th Edition
ISBN: 9781337000536
Author: William A. McEachern
Publisher: Cengage Learning
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Chapter 18, Problem 2.3P
To determine

The reason and the time period when the U.S. poverty rate fell the most since 1960 and the income group which has shown the most decline.

Concept Introduction:

Poverty rate - The rate at which the poverty increases or decreases from the given value of analysis.

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