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Official Data May Overstate the Extent of Poverty Because

Question 104

Multiple Choice

Official data may overstate the extent of poverty because


A) poverty is a relative concept as opposed to an absolute concept.
B) it does not add "in-kind" transfers to the incomes of the poor.
C) it overstates the taxes paid by the poor.
D) it overestimates the amount the poor earn in the "underground economy."

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