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Author Question: Assume a negative income tax is set up with a 20 percent tax rate on market income and a guaranteed ... (Read 287 times)

schs14

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on: May 24, 2019
Assume a negative income tax is set up with a 20 percent tax rate on market income and a guaranteed minimum income of $9,000.
a.   What is the amount of taxes a household with $23,000 of market income pays or the amount of taxes this household receives?
b.   What is the amount of taxes a household with $65,000 of market income pays or the amount of taxes this household receives?
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by schs14 on May 24, 2019

rachel

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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schs14

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Reply 2 on: May 24, 2019
YES! Correct, THANKS for helping me on my review

AngeliqueG

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Reply 3 on: Yesterday
Excellent

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