Welfare payments _____. a. often increase the marginal cost of ...

[jrubin]

Welfare payments _____.
 
  a. often increase the marginal cost of being employed
  b. often decrease the marginal cost of being employed
  c. have led to a tremendous decline in poverty since 1968
   d. have no relationship to the marginal cost of being employed

Question 2

There are only two goods for John to consume: food and clothing. If clothing is an inferior good for John when his income rises to 100,000, then food is
 
  A) also an inferior good.
  B) a normal good.
  C) Either inferior or normal could be possible.
  D) Not enough information

[dmurph1496]

Answer to Question 1

a

Answer to Question 2

B

[jrubin]

Thank you

[dmurph1496]

Happy to help you