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    Exam 34: Transfer Payments: Welfare and Social Security
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    Suppose a Poverty Program Has a Basic Benefit of $8,000,and
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Suppose a Poverty Program Has a Basic Benefit of $8,000,and

Question 98

Question 98

Multiple Choice

Suppose a poverty program has a basic benefit of $8,000,and a family can earn up to $16,000 before losing all welfare benefits.The marginal tax rate is ________ percent.


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

Correct Answer:

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