Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 20 - Part VI - Income Inequality and Poverty - Quick Check Multiple Choice - Page 431: 5

Answer

a. individuals with low income get transfers from the government

Work Step by Step

A negative income tax is a policy under which individuals with low income get transfers from the government. The transfers from the government are usually from high income individuals.
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