Economics · Poverty and Unemployment
Consider the following statements: (a) Absolute poverty can be eradicated through targeted welfare policies. (b) Relative poverty is based on the comparison of lower income groups with higher income groups. (c) Poverty is not responsible for the degradation of the environment. Which of the statements given above are correct?
- 1(a) and (b)✓
- 2(b) and (c)
- 3(a) and (c)
- 4All of the above
Correct answer
(a) and (b)
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