Principles of Microeconomics (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
8th Edition
ISBN: 9781305971493
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Chapter 20, Problem 6CQQ
To determine

The impact of phase out of anti-poverty benefits when income increases.

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A top challenge for government programs that seek to reduce poverty is: Group of answer choices A)Many people who don’t need help are getting it. B)Overcoming the stigma associated with receiving government assistance. C)Measuring the success of the programs. D)That when the government phases out its support payments more slowly, the antipoverty program costs more money.
Increasing the current tax rate is likely to: decrease the competitiveness of the state decrease the professionals’ willingness to stay in or come to the state cause lesser incentive to work and demotivate people decrease productivity What can the government do to deal with these problems?
Many government assistance programs phase-out as recipients' income increases. The government can reduce the poverty trap by having this phase-out happen   Question 25 options:   more slowly.   more quickly.   completely once the recipient earns any income at all.   there is no connection between phase-out rate and the poverty trap.
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