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    Principles of Microeconomics Study Set 10
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    Exam 20: Income Inequality and Poverty
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    Saving and Borrowing Is Indicative of a Family That
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Saving and Borrowing Is Indicative of a Family That

Question 362

Question 362

Multiple Choice

Saving and borrowing is indicative of a family that


A) is most likely to be poor.
B) has a difficult time balancing its standard of living.
C) does not adjust its standard of living to reflect transitory changes in income.
D) is most likely millionaires.

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