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Author Question: A decrease in a person's real wage necessarily means: a. lower purchasing power. b. a lower nominal ... (Read 50 times)

cool

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A decrease in a person's real wage necessarily means:
 a. lower purchasing power.
 b. a lower nominal wage.
 c. a lower personal disposable income.
  d. a higher nominal wage.
 e. a higher personal disposable income.

Question 2

Negative income tax plans have the advantage of increasing work incentives in comparison to existing welfare programs without work incentives.
 a. True
  b. False
  Indicate whether the statement is true or false



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Christopher

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Answer to Question 1

a

Answer to Question 2

True




cool

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Reply 2 on: Jun 30, 2018
Excellent


okolip

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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