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  3. Study Set
    Economic Principles
  4. Exam
    Exam 18: The Distribution of Income
  5. Question
    When Implicit Marginal Tax Rates Are Excessively _____, the Incentive
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When Implicit Marginal Tax Rates Are Excessively _____, the Incentive

Question 17

Question 17

Multiple Choice

When implicit marginal tax rates are excessively _____, the incentive to work additional hours is:


A) high; low.
B) high; high.
C) low; low.
D) low; marginal.

Correct Answer:

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