Question
In 1997 the Government of Ontario reformed that provinces welfare system. The reform reduced the amount of welfare payments to a person with no income,
In 1997 the Government of Ontario reformed that province’s welfare system. The reform reduced the amount of welfare payments to a person with no income, but also allowed welfare recipients to keep a larger part of their welfare payments if they did earn some income. a. How does this reform affect the incentive to work? b. How might this reform represent a tradeoff between equity and efficiency?
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Survey of Economics
Authors: Irvin B. Tucker
8th edition
1111989664, 978-1133713357, 1133713351, 978-1111989668
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