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​Income rises after a charity gives poor families free livestock. The harvest that year was also...

​Income rises after a charity gives poor families free livestock. The harvest that year was also particularly bountiful. The charity should take full credit for the observed increase in the standard of living.

True or False

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Answer #1

False

Charity represents the rise in income due to free livestock that is given to poor families. However, the standards of living do not solely depend on income but also on other goods and services consumed such as produces received from harvest. Hence only charity is not credited for the observed increase in the standard of living.

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