In a given year, a country's GDP = $9841, net factor payments from abroad = $889, taxes = $869, transfers received from the government = $296, interest payments on the government's debt = $103, consumption = $8148, and government purchases = $185

With a negative income tax, the larger the difference between the break-even income level and the guaranteed level,

a. the greater the tax rate (by definition). b. the greater the incentive to work. c. the smaller the number of people eligible to receive benefits. d. the more inequitable the resulting distribution of income will be.

For economic purposes in the United States, the working-age population does not include:

A. anyone without a driver's license. B. someone who is 65. C. someone who is 16 and does not want to work. D. anyone in the military.