Explain how the negative income tax avoids the disincentive to work that characterizes poverty programs that simply

Question:

Explain how the negative income tax avoids the disincentive to work that characterizes poverty programs that simply give benefits based on low income.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Essentials Of Economics

ISBN: 9781319221317

5th Edition

Authors: Paul Krugman, Robin Wells

See More Books

Question Posted: Mar 09, 2024 08:00 AM

See More Questions

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
Until the late 1990s, one of the primary federal welfare programs was AFDC or Aid to Families with Dependent Children. The program was structured roughly similarly to the following example: Suppose...
Identify the process evaluation article that you chose and explain why you selected this example. Describe the purpose of the evaluation, the informants, the questions asked, and the results of the...
1) Assume that we want to build an application for special type of exams. The exam includes True/False questions. The number of questions per exam varies from one exam to other. Given below Question...
Understanding the competitive environment is critical when developing a strategy. Using Porter'sFive Competitive Forcesmodel from week one, chooses a company and describe the five forces for that...
_______ is capable of not only providing decisions but also providing explanations and reasoning of the decisions taken by the system. (a) Transaction Processing System (b) Management Information...
Why cant traditional bits perform similar operations?
Carlsville Company, which began operations in 2013, invests its idle cash in trading securities. The following transactions are from its short-term investments in its trading securities. 2013 Jan. 20...
what are potential risks of Juan and Elena Hernandez's disciplinary style on the psychological development of their children. Identify one theoretical perspective that can be used to explain the...
If you are enrolled in a four-year degree program, it is likely that you are required to enroll in a health insurance program run by your school unless you can show proof of existing insurance...
Which of the following statements more accurately reflects the principal source of rising inequality in the United States today? a. The salary of the manager of the local branch of Sunrise Bank has...
A firms production function is given by (a) Write down expressions for the marginal product of labour and marginal product of capital. (b) The firm currently uses 18 units of capital and 50 units of...
Given the linear partial differential equation tu- dr Ju du -5u- +7u==0 drt dt du(0, t) t use the technique of separation of variables to re-write the partial differ- ential equation and the boundary...
Given the following list of real numbers, use Cantors technique to create a number that is not in the list: Real Numbers 1 0.123456789101112131415161718... 2 0.246810121411618202224262830... 3...
Given the function f(x)= = -x + 2, (1/x-3, (a) Evaluate f(-4), f(-2), and f(0). (b) Sketch a graph of f(x). x-2 x>-2 -6 -5 .4 -3 -2 -1 y 6 5 4 3 2 1 -1 -2 -3- -4 -5 d 1 2 3 5 6 X
solve the following Question Completion Status: Required: 1. Using Rapala's financial information prepare the Contribution Income Statement. 2. Calculate the contribution margin. 3. Calculate the...
Calculate E(rX), E(rY), X and Y respectively. Consider the following two stocks. Assume that the risk-free rate is 2% and agents' utility functions are U= E(rp) - 0.5Ao. Stock X currently trades at...
The board of directors of Garden City Gaskets, Inc., set the profit goal for the calendar year 2011 at $2,200,000. It also established a bonus plan in which the top five officers of the company will...
If the annual fixed costs are 54,000 dinars, the occupation expense represents 20%, the contribution margin is 25%, and the unit selling price is 40 dinars. Required: Calculate the closing point of...
Study the four accompanying diagrams. Consider the following statements and indicate which diagram matches each statement. Which variable would appear on the horizontal and which on the vertical...
Many university and college students attempt to land internships before graduation to burnish their resumes, gain experience in a chosen field, or try out possible careers. The hope shared by all of...
Many university and college students attempt to land internships before graduation to burnish their resumes, gain experience in a chosen field, or try out possible careers. The hope shared by all of...
One of the most important contracts that many employees sign is a non-compete agreement. A number of states are restricting what can be contained in a non-compete agreement and putting more limits on...
A block of mass m = 1kg slides without friction down an inclined plane making angle theta = 30deg with the horizontal, landing on a spring with spring constant k = 10N/m and bounces back. The initial...
A steel cable with total length 50 m and mass 150 kg is connected to two poles. The tension in the cable is 3,267 N, and the wind makes the cable vibrate with a frequency of 2 Hz. Calculate the...

Explain how the negative income tax avoids the disincentive to work that characterizes poverty programs that simply

Question:

Step by Step Answer:

The Earned Income Tax Credit EITC a negative income tax applies only to those w...View the full answer

Essentials Of Economics

Students also viewed these Business questions