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    Principles of Microeconomics Study Set 10
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    Exam 20: Income Inequality and Poverty
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    Since the Early 1970s, Average Incomes Have
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Since the Early 1970s, Average Incomes Have

Question 164

Question 164

Multiple Choice

Since the early 1970s, average incomes have


A) increased, which has reduced the poverty rate.
B) increased, while the poverty rate increased slightly.
C) decreased, while the poverty rate has remained unchanged.
D) remained unchanged, while the poverty rate has decreased.

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