Which of the following is a consequence of low income?
A) more hard work and lower labor productivity
B) more investment in human capital
C) more savings and less consumption
D) more hard work and higher labor productivity
E) less savings and less investment

Question

Quizplus · Accepted Answer

Low income often leads to less savings, and therefore less ability to invest in things like education or starting a business. This can result in a cycle of poverty, as individuals are unable to generate more income and improve their standard of living.

Which of the Following Is a Consequence of Low Income