The Earned Income Tax Credit provides a tax credit or rebate to
a. businesses that undertake investment expenditures.
b. taxpayers with incomes greater than $100,000.
c. persons with low incomes who are working.
d. single parent families when the parent stays home to take care of the children.
C
Economics
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Total costs equal
a. Fixed costs b. Variable costs c. Sunk costs d. Fixed plus variable costs
Economics
When the government redistributes income to achieve greater equality, it
a. distorts incentives. b. improves efficiency. c. focuses on middle income brackets. d. relies on foreign aid to help balance the budget.
Economics