Solved

If Welfare Benefits Equal the Poverty Gap for Each Household

Question 60

Multiple Choice

If welfare benefits equal the poverty gap for each household in poverty,then


A) The effective marginal tax rate for welfare recipients is 50 percent.
B) Every dollar of wages results in a lost dollar of welfare benefits.
C) Total output for the economy will increase.
D) People who are classified as poor will have a strong incentive to work.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents