Author Question: Under a negative income tax program, the higher the income earned in the marketplace, the higher ... (Read 122 times)

mrsjacobs44 · **on:** Jun 30, 2018

Under a negative income tax program, the higher the income earned in the marketplace, the higher will be the family's after-tax income.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Interest payments in the United States increased during the 1980s because of:
a. growing federal deficits.
b. a low tax rate.
c. growing budget surpluses.
d. a fall in government expenditure.
e. an increase in national savings.