6 If the benefits from an antipoverty program are phased out as an individual's income increases, then

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6 If the benefits from an antipoverty program are phased out as an individual's income increases, then the program will a encourage greater work effort from the poor.

b lead to an excess supply of labour among unskilled workers.

c increase the effective marginal tax rate that the poor face.

d cost the government more than a program that benefits everyone.

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Principles Of Microeconomics

ISBN: 125206

8th Edition

Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw

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Question Posted: Nov 04, 2024 08:00 AM

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6 If the benefits from an antipoverty program are phased out as an individual's income increases, then

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Principles Of Microeconomics

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