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bigben0007 bigben0007
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A year ago
Consider the following statement: "In Canada, there will always be some families living in poverty." Which of the following statements best explains why this statement may be true?

▸ If the definition of poverty is a relative one, then a constant number of families will always be defined as living in poverty.

▸ Economic growth will never be high enough to lift all families above the low-income cut off.

▸ If the definition of poverty is an absolute one, then an absolute number of families will be defined as living in poverty.

▸ If the definition of poverty is a relative one, then some families will always be defined as poor relative to richer families.

▸ If the definition of poverty is an absolute one, then a certain percentage of families will always be poor.
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Microeconomics

Microeconomics


Edition: 17th
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brassgodbrassgod
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A year ago
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bigben0007 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
cipcal
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Yesterday
Helped a lot
Roselalo
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2 hours ago
Smart ... Thanks!
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