This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Welfare and TransfersThe country Scindo has 20 million households. Ten million are poor households ... (Read 276 times)

abcdef9106

  • Full Member
  • ***
  • Posts: 122
on: Nov 23, 2022
Welfare and Transfers

The country Scindo has 20 million households. Ten million are poor households that each have labor market earnings of $18,000 per year, and ten million are rich households that each have labor market earnings of $81,000 per year. Suppose the government enacted a marginal tax of 35 percent on all labor market earnings above $18,000 and transferred this money to poor households. What is the income for poor households after taxes and redistribution? What is the income for rich households after taxes and redistribution?
◦ $46,350.00, $52,650.00
◦ $40,050, $58,950
◦ $40,050, $52,650.00
◦ $46,350.00, $58,950
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by abcdef9106 on Nov 23, 2022

H.cope00

  • Full Member
  • ***
  • Posts: 172
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


abcdef9106

  • Member
  • Posts: 122
Reply 2 on: Nov 23, 2022
Excellent

bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

The same star field photographed with (a) a ground-based telescope, which is subject to poor seeing The same star field photographed with (a) a ground-based telescope, which is subject to poor seeing
French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho
Why did these young volunteers of the First Virginia Militia join the Confederate army in 1861? “It Why did these young volunteers of the First Virginia Militia join the Confederate army in 1861? “It
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Soybean plants in nitrogen-poor soil show how root nodules affect growth. Only the darker green plan Soybean plants in nitrogen-poor soil show how root nodules affect growth. Only the darker green plan
Video: Introduction to Dysrhythmia

For a complete list of videos, visit our video library