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If incomes rise for both low-income and high-income workers, but rise less for the high-income workers.

a) then poverty will rise and inequality will rise

b) then poverty will fall and inequality will rise

c) then povety will fall and inequality will fall

d) then poverty will rise and inequality wil fall

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91238297

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