Those who administer poverty programs have strong incentives to _____
a. ignore the poor
b. perpetuate poverty
c. eliminate poverty
d. that poverty is minimized
b
You might also like to view...
Answer the following questions true (T) or false (F)
1. Assume that the total for a given consumer, the marginal utility of food is 160 and the price of food is $40. Also, assume that the marginal utility of environment quality is 500 and the price of environmental quantity of $100. This consumer should partake in more environmental quality. 2. A good is said to be both normal and a necessity if the income elasticity of demand is greater than 1.0. 3. We expect the sign of the cross-price elasticity between pancakes and maple syrup to be negative.
A monopolist is a price maker who will lose some business if the price is increased.
Answer the following statement true (T) or false (F)