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Which of the following statements concerning the work incentive (or disincentive) effects under a wage subsidy program is true? a. It could make the worker
Which of the following statements concerning the work incentive (or disincentive) effects under a wage subsidy program is true? a. It could make the worker worse off b. It strengthens the incentives to work c. It is targeted to the population in need d. It is ambiguous as far as the number of hours worked is concerned e. The substitution effect works in the same direction as the income effect
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