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Suppose a Poverty Program Has a Basic Benefit of $12,000,zero

Question 144

Multiple Choice

Suppose a poverty program has a basic benefit of $12,000,zero deductions,and a marginal tax rate of 0.80.The breakeven level of income is

A) $12,000.
B) $9,600.
C) $15,000.
D) $2,400.

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