3 People are poor because they don't have very much money. Yet central bankers keep money scarce....

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3 "People are poor because they don't have very much money. Yet central bankers keep money scarce. If poor people had more money, poverty could be eliminated."

Explain the confused thinking this statement reveals and why it is misleading.

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Essentials Of Economics

ISBN: 396414

2nd Edition

Authors: James D Gwartney; Richard Stroup; J R Clark

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Question Posted: Oct 25, 2024 10:05 AM

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3 People are poor because they don't have very much money. Yet central bankers keep money scarce....

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Essentials Of Economics

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