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 2751 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

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

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
Many households today include young adults who have not moved out of their parents’ homes (or who ... Many households today include young adults who have not moved out of their parents’ homes (or who ...
David P. Bradley (White Earth Oijbwe, and Mdewakaton Dakota), Indian Country Today. David P. Bradley (White Earth Oijbwe, and Mdewakaton Dakota), Indian Country Today.
Stressing that education reproduces a country’s social class system, conflict theorists point out ... Stressing that education reproduces a country’s social class system, conflict theorists point out ...
Data Used to Analyze Productivity in Country 1 and Country 2 Data Used to Analyze Productivity in Country 1 and Country 2
Erosion Due to Poor Farming Practices Erosion Due to Poor Farming Practices
Video: Type of Transport - Active and Passive Processes

For a complete list of videos, visit our video library