The Earned Income Tax Credit
a. tends to increase income inequality.
b. is a program that provides additional income to workers with above-average incomes.
c. tends to reduce income inequality.
d. is both a and b.
C
Economics
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The (age) dependency ratio is the
a. ratio of children to the total population b. ratio of people not of working age to the total population c. ratio of infants to the total population d. ratio of the elderly to the total population e. none of the above
Economics
Refer to Figure 14.3. To maximize the number of workers hired, the labor union will agree to wage rate:
A) W0. B) W1. C) W2. D) W3. E) none of the above
Economics