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The Table Given Below Shows the Absolute Tax Amounts Under

Question 80

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The table given below shows the absolute tax amounts under five different tax policies for respective income levels.Table 19.2
The table given below shows the absolute tax amounts under five different tax policies for respective income levels.Table 19.2    -Those who argue that welfare programs are a drag on the economy are of the view that welfare programs funded by taxes: A) reduce the opportunity cost of labor. B) raise the incidence of poverty and income inequality. C) raise the incentive to work. D) reduce the tax-liability of the tax-payers. E) reduce the demand for labor.
-Those who argue that welfare programs are a drag on the economy are of the view that welfare programs funded by taxes:


A) reduce the opportunity cost of labor.
B) raise the incidence of poverty and income inequality.
C) raise the incentive to work.
D) reduce the tax-liability of the tax-payers.
E) reduce the demand for labor.

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