The marginal benefit reduction rate is the fraction
A)by which government benefits are reduced from some beneficiaries.
B)of income that is given to every person under the negative income tax credit program.
C)by which government reduces the income of every person in order to support government programs.
D)taken from business in order to pay for unemployment insurance programs.

Question

Quizplus · Accepted Answer

The marginal benefit reduction rate refers to the rate at which government benefits are reduced as the income of some beneficiaries increases. This is designed to gradually decrease support as individuals become more financially self-sufficient.

The Marginal Benefit Reduction Rate Is the Fraction