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.

b

Economics

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What is a long-run average cost curve?

What will be an ideal response?

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An income tax provides an incentive to _____

a. work for large companies b. increase investment c. substitute away from being self-employed d. consume more and save less

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