What is likely to happen to overall labor supply if a. the Earned Income Tax Credit (EITC)

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What is likely to happen to overall labor supply if
a. the Earned Income Tax Credit (EITC) compensation rate increases from 30% to 50% for each dollar earned?
b. the rate of reduction in the EITC phase-out period increases?

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Public Finance and Public Policy

ISBN: 978-1429278454

4th edition

Authors: Jonathan Gruber

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Question Posted: Apr 25, 2015 07:44 AM

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What is likely to happen to overall labor supply if a. the Earned Income Tax Credit (EITC)

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a An increase in the EITC compensation rate is likely to increase labor supply In principle there ar...View the full answer

Public Finance and Public Policy

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