Which term refers to the percentage of the population who live below the poverty line?
a. Poverty rate
b. Near-poor
c. Poverty gap
d. Income class
a. Poverty rate
Economics
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Which of the following shifts the supply curve rightward?
A) an increase in the population B) a positive change in preferences for the good C) a decrease in the price of the good D) a decrease in the price of a factor of production used to produce the good
Economics
Can marginal utility be negative? Briefly explain with an example
Please provide the best answer for the statement.
Economics