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    The Economy Today
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    Exam 34: Transfer Payments: Welfare and Social Security
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    Suppose a Poverty Program Provides a Basic Benefit of $6,000,zero
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Suppose a Poverty Program Provides a Basic Benefit of $6,000,zero

Question 104

Question 104

Multiple Choice

Suppose a poverty program provides a basic benefit of $6,000,zero deductions,and a marginal tax rate of 0.6.The breakeven level of income is


A) $10,000.
B) $3,600.
C) $6,000.
D) $2,400.

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