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12.2 The poverty trap

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  • Card 10 / 10:
    poverty trap

    antipoverty programs set up so that government benefits decline substantially as people earn more income—as a result, working provides little financial gain

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Practice FlashCards 6 Key Terms 1

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Source:  OpenStax, University of houston downtown: microeconomics. OpenStax CNX. May 28, 2014 Download for free at http://legacy.cnx.org/content/col11651/1.2
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