Homework Clinic

Social Science Clinic => Economics => Microeconomics => Topic started by: james0929 on Jul 21, 2019

Title: A relatively high base income in a cash assistance program:
Post by: james0929 on Jul 21, 2019
A relatively high base income in a cash assistance program:
◦ does not affect the incentive to work.
◦ will reduce the incentive to work through the substitution effect but will increase the incentive to work through the income effect.
◦ increases the incentive to work.
◦ reduces the incentive to work.
Title: A relatively high base income in a cash assistance program:
Post by: bob on Jul 21, 2019
reduces the incentive to work.