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If a social welfare program increases the average income of the bottom 30% of ea

Practice Questions

Q1
If a social welfare program increases the average income of the bottom 30% of earners by $2000, what is the total increase for 1 million people?
  1. $200 million
  2. $300 million
  3. $400 million
  4. $500 million

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If a social welfare program increases the average income of the bottom 30% of earners by $2000, what is the total increase for 1 million people?
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