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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