The richest $$\(60 \%\)$$ of the population of a high-income economy received an increase in income. The income of the rest of the population did not change. What happened to absolute and relative poverty?

A.
B.
C.
D.
Economics
IGCSE&ALevel
CAIE
Exam No:0455_s21_qp_12 Year:2021 Question No:25

Answer:

C

Knowledge points:

5.2.1 definition of absolute and relative poverty

Solution:

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