Question
9.A COVID relief bill provides $20,000 to all households with income below $50,000. After that income level, the benefit is withdrawn at a benefit-reduction rate
9.A COVID relief bill provides $20,000 to all households with income below $50,000. After that income level, the benefit is withdrawn at a benefit-reduction rate of 20% starting with the first dollar of earned income. At what income would the benefit phase-out entirely?
Group of answer choices
$10,400
$140,000
$150,000
$160,000
$240,000
$200,000
$100,400
$100,000
1o.Gravity is
Group of answer choices
a public good
a common property good
a club good
a private good
11.Airplanes tend to fly over water along coasts as opposed to over homes. The primary reason for this is
Group of answer choices
to prevent a tragedy of the commons
negative externalities of flying planes
positive externalities of flying planes
public good nature of airplanes
airplanes can be considered club goods
13.A bottle of Club Soda is:
Group of answer choices
a public good
a club good
a common property good
a private good
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