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Suppose a Negative Income Tax Program Is Established at 25

Question 65

Multiple Choice

Suppose a negative income tax program is established at 25 percent, and a poverty threshold minimum of $15,000 is guaranteed for a family of four. What is the highest income a family could earn in the workplace before being cut out of the governmentprogram?


A) $20,000
B) $15,000
C) $18,750
D) $60,000
E) $10,000

Correct Answer:

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