ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
4th Edition
ISBN: 9781285423548
Author: William A. McEachern
Publisher: Cengage Learning
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Chapter 18, Problem 2.3PA
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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