Poverty — practice question

In countries experiencing absolute poverty, low incomes can trigger a cycle that perpetuates low incomes. What stages does this cycle involve?

• Alow incomes  low consumption  low prices  low output  low incomes
• Blow incomes  low government spending  high taxation  low employment  low incomes
• Clow incomes  low investment  high profits  low dividends  low incomes
• Dlow incomes  low saving  low investment  low productivity  low incomes