Suppose a negative income tax program is established at 25 percent, and a poverty threshold minimum of $15,000 is guaranteed for a family of four. If this family earned $50,000 in the workplace, the government payment to the family under this program would equal

a. $2,500
b. $1,000
c. $10,000
d. $1,500
e. zero

A

Economics

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Recall the Application about reducing pollution generated from international shipping to answer the following question(s).Recall the Application. Of the following CO2 reduction methods for international shipping, which has the highest marginal abatement cost (MAC)?

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Government purchases are defined as

A) only goods purchased by federal, state, or local governments. B) all goods and services purchased by the federal government. C) all goods and services purchased by the federal or state government. D) all goods and services purchased by the federal, state, or local government. E) goods and services purchased from the government.

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