Which of the following statements is correct?

Question

Quizplus · Accepted Answer

As the economy grows, incomes of all families tend to rise, including those below the poverty line. This can cause some families to be pushed above the poverty line. Therefore, statement B is correct. Statement A is incorrect because poverty line is an absolute standard rather than a relative one. Statement C is incorrect because increasing income inequality usually leads to more people living in poverty. Statement D is incorrect because economic growth affects different families differently depending on various factors such as education and skills.

Which of the Following Statements Is Correct