A 1996 bill reforming the federal governments antipoverty programs limited many welfare recipients to only two years

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A 1996 bill reforming the federal government’s antipoverty programs limited many welfare recipients to only two years of benefits.
a. How does this change affect the incentives for working?
b. How might this change represent a trade-off between equality and efficiency?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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