If the benefits from an antipoverty program are phased out as an individuals income increases, then the
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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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Related Book For
Principles Of Microeconomics [Australia And New Zealand Edition]
ISBN: 9781337408066
6th Edition
Authors: Joshua Gans, Stephen King, Martin Byford, N. Gregory Mankiw
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