Exhibit 12-8 Negative income tax for a family
-Under the negative income tax shown in Exhibit 12-8, what cash payment would a family with no earned income receive from the government?

Name: Exhibit 12-8 Negative income tax for a family -Under the negative income tax shown in Exhibit 12-8, what cash payment would a family with no earned income receive from the government?
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Question

Exhibit 12-8 Negative income tax for a family 
-Under the negative income tax shown in Exhibit 12-8, what cash payment would a family with no earned income receive from the government?

Quizplus · Accepted Answer

According to the given chart, a family with no earned income would receive a cash payment of $10,000.

Exhibit 12-8 Negative Income Tax for a Family