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CHAPTER 36 Economic Growth in Developing and Transitional Economies
The vicious cycle of poverty is an explanation of poverty that
emphasizes:
a.
Income distribution and wealth accumulation.
b.
Hunger, illiteracy, and malnutrition.
c.
Consumption, saving, investment, and capital accumulation.
d.
Agriculture versus industry and imports versus exports.
© 2009 Pearson Education, Inc. Publishing as Prentice Hall Principles of Economics 9e by Case, Fair and Oster
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