Poverty is more than an economic problem, it is a source of social discontent and political unrest; economic development has reduced the proportion of people living below the poverty line.
<h3>What is poverty?</h3>
Poverty is shown as a deficiency of money and profitable resources to support long-term survival.
Hunger and starvation, restricted access to education and other basic services, social prejudice and exclusion, and a disinterest in decision-making are all examples of its expressions.
Poverty is a cause of social dissatisfaction and political upheaval; economic development has lowered the amount of people living in poverty.
Therefore, the poverty is a very big problem than the economic problem.
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Answer:
Money Multiplier= 1/ reserve ratio = 1/10% = 10
Change in Money Supply = Change in Reserves * Money Multiplier
= 1,000 * 10 = 10,000
So, option d is the correct option.
Answer:
Inflation is the rise in the price of goods and services in an economy over a certain period. Inflation that is controlled and low generally helps an economy recover from a recession and results in increases in employment
Explanation:
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Regulatory capture. Regulatory capture is a form of government failure which occurs when a regulatory agency, created to act in the public interest, instead advances the commercial or political concerns of special interest groups that dominate the industry or sector it is charged with regulating.
The answer is distribution
