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Question 1 The official U

Economics

Question 1 The official U.S. poverty standard was set in 1963 at $3,000 per year for a family of four. True False
Question 2 The U.S. government counts both cash income and in-kind transfers when determining the poverty rato. True False
Question 3 Sule In-kind transfers include housing subsidies and food stamps. True False
Question 4 The redistribution of private income and wealth within poor nations is sufficient to eliminate global poverty, True Falso

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