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    Principles of Macroeconomics Study Set 11
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    Exam 2: The Economic Problem: Scarcity and Choice
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    Evaluate the Following Two Statements
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Evaluate the Following Two Statements

Question 90

Question 90

Essay

Evaluate the following two statements:
"He is income rich but he is not very wealthy"
"He is income poor but he is wealthy"

Correct Answer:

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The first person might be making a lot o...

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