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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 41
Which one of the following statements is false?
A) The poor pay higher prices to buy groceries, furniture, and appliances.
B) Low-income families can pay over $500 more for the same car bought by a higher-income household.
C) The poor pay higher interest rates than people with higher incomes.
D) Very few poor people can claim the earned income tax credit.
A) The poor pay higher prices to buy groceries, furniture, and appliances.
B) Low-income families can pay over $500 more for the same car bought by a higher-income household.
C) The poor pay higher interest rates than people with higher incomes.
D) Very few poor people can claim the earned income tax credit.
Explanation
Verified
Verified
This statement is false. In fact, the ea...
Microeconomics 9th Edition by Stephen Slavin
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