Affect individual economic outcomes

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Question

Discuss how poverty can affect an individual's economic outcomes and the economy as a whole. Relate to concepts you have learned throughout the course (budget constraint, wages, consumption, supply and demand, etc.). How might a nation benefit from addressing poverty and inequality? What costs should be considered when addressing these issues? Brazil and Japan.

Reference no: EM133636630

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Affect individual economic outcomes : Discuss how poverty can affect an individual's economic outcomes and the economy as a whole.

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