The incidence of absolute poverty is reduced by

A) annual recalculations of the poverty line.
B) government welfare programs.
C) economic growth.
D) the size of the budget deficit.

C

Economics

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Governments typically exercise moral judgment in levying excise taxes

Indicate whether the statement is true or false

Economics

If a nation’s productivity grows by 3% rather than 1.5% over many years, what will be the difference in the nation’s standard of living? Explain.

What will be an ideal response?

Economics