What would best explain why economics is important for understanding policies that deal with inequality and poverty? When a policy changes, people tend to change the way they behave. Poverty and inequality involve measuring income in currency. Economics gives strong moral reasons for dealing with these issues.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter33: Income, Income Distribution, And Poverty
Section: Chapter Questions
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What would best explain why economics is important for understanding policies that deal with
inequality and poverty?
When a policy changes, people tend to change the way they behave.
Poverty and inequality involve measuring income in currency.
Economics gives strong moral reasons for dealing with these issues.
Transcribed Image Text:What would best explain why economics is important for understanding policies that deal with inequality and poverty? When a policy changes, people tend to change the way they behave. Poverty and inequality involve measuring income in currency. Economics gives strong moral reasons for dealing with these issues.
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