Author Question: The decrease in the incentive to work created by welfare payments programs A) only affects low ... (Read 110 times)

Cooldude101 · **on:** Jun 29, 2018

The decrease in the incentive to work created by welfare payments programs

A) only affects low income taxpayers.
B) only affects taxpayers but not welfare recipients.
C) only affects high income executives.
D) affects both taxpayers and welfare recipients.

Question 2

Discounting is the process whereby

A) present values are adjusted to their future value, using the interest rate.
B) future values are converted to their value today, using the interest rate.
C) product prices are reduced (discounted) to increase sales and profits today.
D) future values are adjusted for inflation.