Which of the following is not part of a negative income tax?
A. A positive tax rate
B. A guaranteed income
C. Cash transfers
D. Transfers in kind
Answer: D
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What is the difference between buying stocks and buying bonds?
A) The future growth of a stock is more uncertain than the payments of a bond. B) Differences of opinion about a stock's future may vary considerably but there is less difference about a bond's future. C) A stock can possibly pay dividends forever, but bonds have a fixed number of payments. D) All of these are differences between stocks and bonds.
Suppose statistical surveys indicate that new orders for manufactured goods and new building permits for single-family homes are declining and that business inventories are rising. This implies economic activity is slowing down and the economy is potentially entering a recessionary period
a. True b. False Indicate whether the statement is true or false