Answer to Question #63373 in Microeconomics for jeff

Question #63373
Look at Figure 3.3. Explain why the poverty rate for persons did not rise as rapidly as did the number of poor persons from 1989 to 1993.
1
Expert's answer
2016-11-17T11:44:12-0500
The poverty rate for persons did not rise as rapidly as did the number of poor persons from 1989 to 1993, because the total number of population increased too, that's why the poverty rate change was not so significant.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS