--%>

Influence on the total cost of plans of income

For a negative income tax the break-even level of income plan (NIT) is: (1) negatively related to the plan’s basic income floor. (2) positively related to the negative income tax rate. (3) a main influence on the total cost of these plans. (4) is not easily calculated. (5) excessively high for most people.

Please choose the right answer from above...I want your suggestion for the same.

   Related Questions in Microeconomics

  • Q : Study of Microeconomics primarily

    Microeconomics primarily consist the study of: (w) unemployment, inflation, and our monetary system. (x) capitalism versus socialism. (y) individual decision making within households, industries and firms. (z) rational budgeting through government and

  • Q : Define the term privatization What do

    What do you mean by the term privatization?

  • Q : Excise tax at highest average rate At

    At the highest average rate an excise tax will tax low incomes while: (1) only luxuries are taxed. (2) goods along with the highest income elasticity of demand are exempt. (3) goods along with the lowest income elasticity of demand are exempt. (4) no

  • Q : Least likely example of Substitution

    Can someone please help me in finding out the accurate answer from the following question. Assume that the War in Iraq spilled over into another oil exporting countries. When U.S. gasoline prices rose to, state, $10 per gallon, the least likely outcome would be that:

  • Q : Moral Hazard-Equilibrium wage If

    If workers know that they are guaranteed a particular weekly wage and can simply find another job at this equilibrium wage, then some workers tend to loaf or shirk. This is an illustration of: (i) Adverse selection. (ii) Moral hazard. (iii) Demand and supply. (iv) Ine

  • Q : Market Power and Monopsony Power Assume

    Assume that a firm with the market power in output market wishes to grow and that hiring more workers needs it to increase salaries 8 percent for all the workers. The output prices will most likely: (i) Increase 8 percent to cover the wage rise. (ii) Increase less tha

  • Q : Produces profit maximizing by marginal

    All profit maximizing firms makes where marginal revenue: (w) equals marginal cost. (x) equals average variable cost. (y) includes average revenue. (z) is rising. Can anybody suggest me the proper

  • Q : Marginal cost Give the answer of

    Give the answer of following question. Refer to the given data. The marginal cost of producing the sixth unit of output is: A) $24. B) $12. C) $16. D) $8. 432_f</span></p>
                                        </div>
                                        <!-- /comment-box -->
                                    </li>
   
   </td>
	</tr><tr>
		<td>
       
      <li>
                                        <div class=

    Q : Contribution Standard for Income

    Staunch defenders of the contribution standard for income distribution would not argue that: (w) people must receive income at least commensurate along with survival needs. (x) equity requires people to be rewarded as per their marginal productivity.

  • Q : Complete equilibrium by distribution of

    When the economy was in a complete equilibrium, in that case the distribution of income would be precisely proportional to the distribution of: (a) taxation. (b) inheritance. (c) luck. (d) wealth.