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If the Marginal Productivity of Labor Was the Sole Determinant

Question 84

Multiple Choice

If the marginal productivity of labor was the sole determinant of household income in the U.S., then


A) no households would be poor according to the official government definition of poverty.
B) no households would be poor according to a relative definition of poverty.
C) the distribution of income would be unequal.
D) every household would have sufficient income to meet biological needs.

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