7. Since income transfers to the poor typically increase the marginal tax rate they confront, does a

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7. Since income transfers to the poor typically increase the marginal tax rate they confront, does a $1000 additional transfer payment necessarily cause the income of poor recipients to rise by $1000. Why or why not?

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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