The poverty rate for the elderly has declined noticeably since the mid 1960s
Indicate whether the statement is true or false
T
Economics
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What two factors are necessary for demand?
a. desire for a good or service and its availability in the market b. desire for a good or service and the ability to pay for it c. the availability of a good or service and the ability to pay for it d. familiarity with a good or service and the desire to pay for it
Economics
Some advocates of antipoverty programs claim that fighting poverty is a public good. Describe why government intervention may be necessary to reduce poverty
Economics