rich people have better economic status true or false with reason
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1
Answer:
true....
Having money from economic growth flow to poor people rather than the rich feeds into a lift in the rate of economic growth and lower unemployment. Conversely, as income inequality increases, the potential for economic growth is constrained.
The economic case for maintaining a progressive income tax structure and targeting welfare payments to those most in need is overwhelming.
The issue can be illustrated through a simple stylised example which outlines how a higher cash flow to the poorest is growth enhancing while a higher cash flow to the rich boosts savings, but keeps economic growth lower.
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0
Answer:
yes because they have more facilitaties
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