Negative income tax plans have the advantage of increasing work incentives in comparison to existing welfare programs without work incentives
a. True
b. False
Indicate whether the statement is true or false
True
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Needs-tested spending is defined as
A) spending by the President on the White House. B) spending on programs for people qualified to receive benefits. C) spending that increases in expansions and decreases in recessions. D) taxes paid by those qualified by their income. E) spending by Congress on its own perks of office.
It is possible for a tax to "internalize" an externality
Indicate whether the statement is true or false
Supply-side economics:
What will be an ideal response?
When a payroll tax is enacted, the wage received by workers
a. falls, and the wage paid by firms rises. b. falls, and the wage paid by firms falls. c. rises, and the wage paid by firms falls. d. rises, and the wage paid by firms rises.