d-785601ed 13672 1id 2267481 1pnull blackboard.com/we QUESTION 37 Exhbit 12-8 Ne
ID: 1164837 • Letter: D
Question
d-785601ed 13672 1id 2267481 1pnull blackboard.com/we QUESTION 37 Exhbit 12-8 Negative iacome tax for a family Tax liability 0 houtands of dollars per yea) 0 -10 0 15 30 5 60 75 90 Fanily leceme ghousands of dolans perya Uader the negave c tax shows in Exhibit 12-8, what cash payment would a family with no eaned incoese receve fro the goversme a $15,000 $10,000 $30,000 QUESTION 3 In a Loeese crve dagram, the 45 line represests O a perfect income equality b an extrmely al distmbation of incom c zero inflation QUESTION 39 Whach of the Sollowing aght increase the supply curve of labor o a Elmination of descrimnaton against Hacks bElmination of discrimination against females od All of these QUESTION 40 Chek Save and Subit to sove and submit.Ciel Save All Ansuers to sate ell anmersExplanation / Answer
37.When the income is 0,the tax liability is -10,000.This the cash payment the family would receive will be equal to the amount of the negative tax liability=10,000
Answer-C
38.When Lorenz curve is 45°,it indicates perfect income equality because the income distribution is even through the population of a country.
Answer-A
39.Supply curve of labour shifts to the right when the labour force increases and all the factors given increases the labour force.
Answer-D
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.