Poverty is a _______ concept in that a person with that income in the United States may

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Poverty is a _______ concept in that a person with that income in the United States may be considered in poverty, while a person with that same income in Somalia may be in the upper quarter of income earners.

a. Relative

b. Absolute

c. Irrelevant

d. Fictitious

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Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

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Question Posted: Apr 24, 2018 02:37 AM

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Poverty is a _______ concept in that a person with that income in the United States may

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a Relative Explanation What does being poor really mean Are you ...View the full answer

Issues in Economics Today

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