If Big Fitness, a large workout facility, offers a discounted membership to college students, this is an example of ________.

Knowledge workers are becoming more common relative to production workers

Indicate whether the statement is true or false

Assume that the government proposes a negative income tax that calculates the taxes owed as follows: taxes owed equal 30% of income less 12,000 . A family that earns an income of $60,000 will

a. pay $6,000 in taxes. b. receive an income subsidy of $6,000. c. receive an income subsidy of $12,000. d. have an after-tax income of $48,000.