101. What’s Negative Income taxes, and B) why are they considered the better alternative to Welfare?
Answer
Negative income tax refers to the benefit received by the poor section of the society instead of being taxed. This is better than welfare as it distributes benefit better than welfare. Also the government is able to account and document accurately the state of affairs of the poor section of the society.
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101. What’s Negative Income taxes, and B) why are they considered the better alternative to Welfare?
Assume that alternatives A, B, C, and are considered. Alternative is better than each of the other 3 alternatives in all of the 10 attributes considered, except one, but in this one is by far the worst. Which of the decision making models below would be the most likely to result in choosing alternative C as the winner?! Select one: a disjunctive resolution b. satisficing c. dominance d. additive weighting
Assume that alternatives A, B, C, and are considered. Alternative C is better than each of the other 3 alternatives in a of the 10 attributes considered, except one, but in this one is by far the worst. Which of the decision making models below would be the most likely to result in eliminating alternative C? Select one: a dominance b. additive weighting c. disjunctive resolution d. satisficing
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11. Give a quantitative example on how Negative Income Taxes work?