Long-run economic growth can help alleviate the problems of poverty by...   a.   Requiring increased saving on the part of most of the population.   b.   Generating more resources that can be used to reduce income inequality.

Exploring Economics
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ISBN:9781544336329
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Chapter3: Scarcity, Trade-offs, And Production Possibilities
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pleasee quickkk !!!!

 

Long-run economic growth can help alleviate the problems of poverty by...

 

a.

 

Requiring increased saving on the part of most of the population.

 

b.

 

Generating more resources that can be used to reduce income inequality.

 

c.

 

Reallocating income away from low-value production to increase the incentives for high-value production.

 

d.

 

Increasing future consumption for the middle class.

 

e.

 

Creating new low-paying jobs for the unemployed.

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