If the benefits from an antipoverty program are phased out as an individuals income increases, the program

Question:

If the benefits from an antipoverty program are phased out as an individual’s income increases, the program will

a. encourage greater work effort from the poor.

b. lead to an excess supply of labor among unskilled workers.

c. cost the government more than a program that benefits everyone.

d. increase the effective marginal tax rate that the poor face.

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

Step by Step Answer:

Related Book For answer-question

Principles Of Microeconomics

ISBN: 9780357133484

9th Edition

Authors: N Gregory Mankiw

See More Books

Question Posted: Jan 27, 2024 11:00 PM

See More Questions

Multiple Choice Questions 1. In the United States, the poorest fifth of the population earns about ____________ percent of all income, while the richest fifth earns about ____________ percent. a. 2,...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
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...
Ginter Co. holds Kolar Inc.s $10,000, 120-day, 9% note. The entry made by Ginter Co. when the note is collected, assuming no interest has been previously accrued, is: (a) Cash Notes Receivable (b)...
(a) A particle travels at v = 0.10c. By what percentage will a calculation of its momentum be wrong if you use the classical formula? (b) Repeat for v = 0.50c.
Find the P-value for the hypothesis test with the standardized test statistic z. Decide whether to reject H 0 for the level of significance . Two-tailed test z = 1.68 = 0.05
Make decisions in the situations described in the Ethical Behavior Worksheet. You will not have all the background information on each situation; instead, you should make whatever assumptions you...
The Blending Department of Luongo Company has the following cost and production data for the month of April. Costs: Work in process, April 1 Direct materials: 100% complete ......$100,000 Conversion...
2. What is the computational complexity of the following function Mystery1? int Mystery1(int n) { int sum = 0; for (int i=0; i
Homer buys pizza for $10 and Pepsi for $2. He has income of $100. His budget constraint will shift inward if a. the price of pizza rises to $12. b. the price of Pepsi falls to $1. c. his income rises...
A negative income tax is a policy under which a. all people with low income get government transfers. b. the government raises tax revenue without distorting incentives. c. everyone pays less than...
A truck with mass m has a brake failure while going down an icy mountain road of constant downward slope angle a (Fig. 7.40). Initially the truck is moving downhill at speed vo. After careening...
Let's examine a Cam-flat-face follower system comprising the subsequent stages: a) Elevation of 0.5 inches, characterized by Betal of 120 degrees, and a H-5 motion. b) Stationary phase featuring...
Write the products of the following acid-base reaction. CH3OH I ?
What is the value of the rate constant at 18 C ? Express your answer in units of inverse seconds.
Calculate the number of oxygen atoms in a 60.0 g sample of iron(III) oxide (F03). Be sure your answer has a unit symbol if necessary, and round it to 3 significant digits. 23 6.79 10 x10 X 5
In the business world in the past few years, there has been a major battle between two business that has been created due to the Internet, the Pureplay vs the Clicks & Bricks. Pureplay meaning the...
Distinguish an operating asset from a financial asset.
For each of the following transactions, indicate whether it increases, decreases, or has no effect on the following financial ratios: current ratio, debt-to-equity ratio, profit margin ratio, and...
Why would a free market never operate at a quantity greater than the equilibrium quantity?
Agricultural price supports result in governments holding large inventories of agricultural products. Why do you think the government cannot simply give the products away to poor people?
Suppose there is a soda tax to curb obesity. What should a reduction in the soda tax do to the supply of sodas and to the equilibrium price and quantity? Can you show this graphically?
Perform research on two different emergency management or homeland security agency websites. Compare and contrast the layouts and the ease of which information is obtained from both sites. Comment on...
What are some strategies that you have used to incorporate the native languages and cultures?
Formal Research Report Assignment MARKETING 1. You work in the marketing department of a clothing and apparel company. Your supervisor is considering the idea of using social media to advertise your...

If the benefits from an antipoverty program are phased out as an individuals income increases, the program

Question:

Step by Step Answer:

Principles Of Microeconomics

Students also viewed these Business questions