The relative concept of poverty is based on how far behind average income a particular family gets
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Real GDP changes when
A) all prices change by the same proportion, but all outputs remain constant. B) some but not all prices change, but outputs remain constant. C) some outputs change, but prices remain constant. D) Both B and C.
Economics
A decrease in the price of a good would
a. increase the demand for the good. b. increase the quantity demanded for the good. c. decrease the demand for the good. d. decrease the quantity supplied of the good.
Economics