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    Exam 11: Poverty: Old and New Approaches to a Persistent Problem
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    Suppose the Basic Benefit Is $100, the Benefit Reduction Rate
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Suppose the Basic Benefit Is $100, the Benefit Reduction Rate

Question 57

Question 57

Multiple Choice

Suppose the basic benefit is $100, the benefit reduction rate is 50 percent, and net income is zero. What is the benefit?


A) $50.
B) $100.
C) $150.
D) $200.

Correct Answer:

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