Solved

Suppose a Poverty Program Has a Basic Benefit of $10,000,and

Question 36

Multiple Choice

Suppose a poverty program has a basic benefit of $10,000,and a family can earn up to $20,000 before losing all welfare benefits.The marginal tax rate is ________ percent.


A) 2.0
B) 0.5
C) 0.2
D) 0.10

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q31: Which of the following is used to

Q32: Social Security payments depend on an individual's

Q33: Social Security is an example of<br>A)An in-kind

Q34: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5720/.jpg" alt=" Refer to Figure

Q35: Which of the following is an example

Q37: Suppose that taxes on labor are increased

Q38: Medicaid provides cash to the poor so

Q39: The percentage of the working-age population that

Q40: Income transfers that entail direct payments to

Q41: Higher marginal tax rates for welfare programs