Multiple Choice
Suppose a poverty program has a basic benefit of $5,000 with zero deductions,and a marginal tax rate of 0.50.The breakeven level of income is
A) $2,500.
B) $25,000.
C) $15,000.
D) $10,000.
Correct Answer:
Verified
Related Questions
Suppose a poverty program has a basic benefit of $5,000 with zero deductions,and a marginal tax rate of 0.50.The breakeven level of income is
A) $2,500.
B) $25,000.
C) $15,000.
D) $10,000.
Correct Answer:
Verified
