The poverty rate is the a. Percentage of rich people in the population divided by the percentage

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The poverty rate is the

a. Percentage of rich people in the population divided by the percentage of poor people in the population.

b. Income of the poor divided by the income of the rich.

c. Percentage of the population with incomes below the poverty line.

d. Income level that marks the dividing line between poor households and those that are not poor.

e. None of the above

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Introduction To Economics Social Issues And Economic Thinking

ISBN: 9780470574782

1st Edition

Authors: Wendy A. Stock

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Question Posted: Oct 28, 2023 12:55 AM

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The poverty rate is the a. Percentage of rich people in the population divided by the percentage

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Introduction To Economics Social Issues And Economic Thinking

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