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  3. Study Set
    Economics Principles and Policy Study Set 2
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    Exam 20: Poverty, Inequality, and Discrimination
  5. Question
    What Is the Difference Between the Absolute and Relative Concepts
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What Is the Difference Between the Absolute and Relative Concepts

Question 17

Question 17

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What is the difference between the absolute and relative concepts of poverty? What are the major problems in measuring poverty with them?

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The absolute concept of poverty is the m...

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