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lodidodiclaudie lodidodiclaudie
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5 years ago
Some economists argue that the official poverty figures overstate poverty in this country. Why?
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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wrote...
5 years ago
 Official poverty figures do not include in-kind subsidies, which would lift some people above the official poverty cutoff. They also do not include income from the underground economy. Someone who works for cash and does not report it to the government has a higher income than official statistics indicate.
wrote...
5 years ago
This helps so much, thank you for responding so quickly...
wrote...
5 years ago
No worries, I was online and bored Grinning Face with Smiling Eyes
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