
Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498
Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 14
Imagine that, faced with budget shortfalls, a government changes its current policy of granting tax credits based on family size to a flat rate tax credit for a family with one or more children.
a. Over time, what will happen to the average age in the population?
b. Over time, what will happen to the size of the workforce?
a. Over time, what will happen to the average age in the population?
b. Over time, what will happen to the size of the workforce?
Explanation
Tax credit:
Tax credit is the reduction...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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