ECON MICRO (with ECON MICRO Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
5th Edition
ISBN: 9781305631946
Author: William A. McEachern
Publisher: Cengage Learning
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Question
Chapter 18, Problem 4.8P
To determine
As to how work incentives are affected by the implicit tax on earned income and how do some people avoid the implicit tax.
Concept Introduction:
Implicit Tax – It refers to the indirect cost that is incurred as the result of getting employment, because welfare program assistance is missed.
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Chapter 18 Solutions
ECON MICRO (with ECON MICRO Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
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