Explain the significance of poverty threshold, Microeconomics

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Explain the significance of poverty threshold

Problem

Explain the significance of poverty threshold, poverty guidelines, Lorenz curve, welfare, food stamps, Medicaid, Earned Income Tax Credit (EITC), enterprise zone, workfare, and negative income tax.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Explain the significance of poverty threshold

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