Incomes so much more unequal within poor nations

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Q. Economics has been called the "dismal science" since it sometimes "tells us" that things are true when we would prefer they were false. For example, although there are no free lunches, might we prefer that there were? Was there anything in this course that you learned was true that you would have preferred to be false? If so, identify it. Then explain why you would have preferred it to be false.

Q. Why are incomes so much more unequal within poor nations that within rich nations generally?

Reference no: EM1321878

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