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Over the past couple of decades, Brazil has (1) decreased its poverty rate, and (2) experienced ...

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Over the past couple of decades, Brazil has (1) decreased its poverty rate, and (2) experienced ...

Over the past couple of decades, Brazil has (1) decreased its poverty rate, and (2) experienced positive growth in GDP per capita. How does this compare to the majority of nations over this time period?

▸ Both (1) and (2) are typical of the majority of nations over this period.

▸ Only (1) is typical of the majority of nations over this period.

▸ Only (2) is typical of the majority of nations over this period.

▸ Neither (1) nor (2) are typical of the majority of nations over this period.

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Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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