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    Microeconomics Theory with Applications
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    Exam 12: Labour Market Applications
  5. Question
    The Topping- Up Mechanism
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The Topping- Up Mechanism

Question 49

Question 49

Multiple Choice

The topping- up mechanism:


A) insures Pareto optimality.
B) is the most efficient transfer mechanism available.
C) is also called the negative income tax.
D) is a version of the welfare system.

Correct Answer:

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