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    Economics Contemporary Issues
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    Exam 11: Poverty: Old and New Approaches to a Persistent Problem
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    Suppose the Basic Benefit Is $500, the Benefit Reduction Rate
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Suppose the Basic Benefit Is $500, the Benefit Reduction Rate

Question 33

Question 33

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Suppose the basic benefit is $500, the benefit reduction rate is 60 percent, and net income is $200. What is the amount of the benefit?

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