(Answered) The increase in transfer payments initiated by the war on

Economics

The increase in transfer payments initiated by the War on Poverty during the latter half of the 1960s resulted in

1 a steady reduction in the poverty rate throughout the next two decades.

2 a more equal distribution of income.

3 fewer single-parent families because a married couple receives benefits twice as large as a single-parent family.

4 little change in the official poverty rate in the decades that followed.

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Microeconomics, Economics

Category:- Microeconomics
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