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Under a Negative Income Tax,if the Tax Rate Is 50%,the

Question 100

Multiple Choice

Under a negative income tax,if the tax rate is 50%,the breakeven income level will be


A) one-third of the guaranteed income level.
B) one-half of the guaranteed income level.
C) two times the guaranteed income level.
D) three times the guaranteed income level.
E) four times the guaranteed income level.

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