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The 'Poverty Trap' Refers to the Problem Where Low Income

question 18

True/False

The 'poverty trap' refers to the problem where low income earners are effectively taxed at a high marginal tax rate when they begin to work more, and consequently lose some of their government benefits.


Definitions:

Address Operator

In programming, an operator denoted by '&' that is used to determine the memory location of a variable.

Scanf()

Scanf() is a function in the C programming language that allows for formatted input; it reads formatted data from the standard input and stores them in the given locations.

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