Author Question: The main attractive feature(s) of a negative income tax program is (are): a. c and d. b. c, d, and ... (Read 64 times)

olgavictoria · **on:** Jun 30, 2018

The main attractive feature(s) of a negative income tax program is (are):
a. c and d.
b. c, d, and e.
c. it is simple.
d. it avoids the stigma of hand-outs.
e. it only subsidizes the unemployed.

Question 2

Which of the following correctly describes the trend in the federal budget during the 1980s?
a. Federal spending declined relative to GDP, while federal revenues rose relative to GDP.
b. Federal spending rose relative to GDP, while federal revenues declined relative to GDP.
c. Balanced budgets were passed through cooperation between the President and Congress.
d. The dollar depreciated, thereby lowering the deficit.
e. The budget deficit decreased and then disappeared, turning into a surplus in the 1980s.