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Long-Run Economic Growth Can Help Alleviate the Problems of Poverty

Question 30

Multiple Choice

Long-run economic growth can help alleviate the problems of poverty by


A) creating new low-paying jobs for the unemployed.
B) generating more resources that can be used to reduce income inequality.
C) reallocating income away from low-value production to increase the incentives for high-value production.
D) requiring increased saving on the part of most of the population.
E) increasing future consumption for the middle class.

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