In the phased-out approach to an antipoverty model, the rate at which government support is reduced is _________ the rat...
In the phased-out approach to an antipoverty model, the rate at which government support is reduced is _________ the rate at which income is earned. Select the correct answer below: greater than, equal to, less than, none of the above
Homework Answers
In the phaesd_ out approach to the anti-poverty model, the rate at which government support is reduced is equal to the rate at which income is earned.
Suppose the government provides families, based on certain criteria, a support of certain amount. Say $20000. Every time the family earns $2000 more than $20000 , the government will reduce $2000 from its support.
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In the phased-out approach to an antipoverty model, the rate at which government support is reduced is _________ the rat...
Assume the deduction or credit is not phased out. Which statement is correct ? Select one:...
Assume the deduction or credit is not phased out. Which statement is correct ? Select one: a. Tax deductions reduce tax liability b. Tax credits reduce tax liability on a dollar-for-dollar basis. c. Tax deductions are less valuable for high-income taxpayers than for low-income taxpayers. d. The benefit of a tax credit depends on the taxpayer's marginal tax rate.
Which of the following issues are difficulties for the fundamental approach to exchange rate forecasting? The...
Which of the following issues are difficulties for the fundamental approach to exchange rate forecasting? The model itself can be wrong. The parameter values, that is the a's and B's, that are estimated using historical data may change over time because of changes in government policies and/or the underlying structure of the economy. Either difficulty can diminish the accuracy of forecasts even if the model is correct. One has to forecast a set of independent variables to forecast the exchange...
QUESTION 20 In the classical model, if the real interest rate is lower than the equilibrium...
QUESTION 20 In the classical model, if the real interest rate is lower than the equilibrium interest rate in the goods market, then total demand for goods is A. higher than the total supply. B. lower than total supply. C. can be equal to total supply. D. none of the above. QUESTION 21 In the classical model, if total demand for goods is less than total supply, then real interest rate will A. fall. B. rise. C. may remain the...
A 10-year bond that has a 12 percent coupon rate is currently selling for $1,000, which...
A 10-year bond that has a 12 percent coupon rate is currently selling for $1,000, which equals the bond's face value. If interest is paid semiannually, the bond's yield to maturity is (a) equal to 12%. (b) greater than 12%. (c) less than 12%. (d) More information is needed to answer this question. (e) None of the above is correct.
12. If the government follows an income tax system in which income up to $25,000 is...
12. If the government follows an income tax system in which income up to $25,000 is taxed 4%, income greater than $25,000 and less than or equal to $50,000 is taxed at a rate of 10% and income over $50,000 is taxed at a rate of 25%; then a family earning $60,000 will pay an average tax rate of (assumed there is no deductions or exemptions): 12.5% 15% 25% 10%
Which of the following is not correct regarding the constant growth dividend discount model? Group of...
Which of the following is not correct regarding the constant growth dividend discount model? Group of answer choices The model is based on the dividend one year from the valuation period. The model requires that the required return be greater than or equal to the growth rate of the dividend. The model can be rearranged to determine the payout ratio. All of the above are true.
For the constant growth rate dividend model to work, which of the following assumptions must hold?...
For the constant growth rate dividend model to work, which of the following assumptions must hold? The growth rate must be less than the required rate of return. The growth rate must be greater than the required rate of return. The growth rate should always be equal to zero. The growth rate must be equal to the required rate of return.
QUESTION 12 In the aggregate expenditure model if the government of Pasedonia decides to increase government...
QUESTION 12 In the aggregate expenditure model if the government of Pasedonia decides to increase government spending by $ 100 billion and to finance this increase in government spending the government of Pasedonia increases taxes by $ 100 billion what effect will this have on the economy? (assume MPC=0.75) O A GDP stays the same OB GDP increases by $ 100 billion OC. GDP will increase by $ 400 billion D.GDP will decrease QUESTION 13 An example of an automatic...
49. A monopsonist will pay a wage that: A. is greater than that in a perfectly...
49. A monopsonist will pay a wage that: A. is greater than that in a perfectly competitive labor market. B. is the same as that in a perfectly competitive labor market. C. is less than that in a perfectly competitive labor market. D. maybe greater than, less than, or equal to that in a competitive labor market, depending on labor supply 50. If a single union supplies all the labor in a competitive labor market, the union probably will: A....
Question text Suppose the government imposes a tax of 20 percent on the first $40,000 of income and a tax of 30 percent...
Question text Suppose the government imposes a tax of 20 percent on the first $40,000 of income and a tax of 30 percent on income above $40,000 but less than $90,000. Income over $90,000 is taxed at a rate of 40 percent. The marginal tax rate for a person whose income is $45,650 is 30 percent. Select one: True False Question text Alvin earned $30,000 and paid $6,000 in taxes. If Beatrice earned $25,000 then she would have to pay...
Assume the deduction or credit is not phased out. Which statement is correct ? Select one: a. Tax deductions reduce tax liability b. Tax credits reduce tax liability on a dollar-for-dollar basis. c. Tax deductions are less valuable for high-income taxpayers than for low-income taxpayers. d. The benefit of a tax credit depends on the taxpayer's marginal tax rate.
Which of the following issues are difficulties for the fundamental approach to exchange rate forecasting? The model itself can be wrong. The parameter values, that is the a's and B's, that are estimated using historical data may change over time because of changes in government policies and/or the underlying structure of the economy. Either difficulty can diminish the accuracy of forecasts even if the model is correct. One has to forecast a set of independent variables to forecast the exchange...
QUESTION 20 In the classical model, if the real interest rate is lower than the equilibrium interest rate in the goods market, then total demand for goods is A. higher than the total supply. B. lower than total supply. C. can be equal to total supply. D. none of the above. QUESTION 21 In the classical model, if total demand for goods is less than total supply, then real interest rate will A. fall. B. rise. C. may remain the...
QUESTION 12 In the aggregate expenditure model if the government of Pasedonia decides to increase government spending by $ 100 billion and to finance this increase in government spending the government of Pasedonia increases taxes by $ 100 billion what effect will this have on the economy? (assume MPC=0.75) O A GDP stays the same OB GDP increases by $ 100 billion OC. GDP will increase by $ 400 billion D.GDP will decrease QUESTION 13 An example of an automatic...
49. A monopsonist will pay a wage that: A. is greater than that in a perfectly competitive labor market. B. is the same as that in a perfectly competitive labor market. C. is less than that in a perfectly competitive labor market. D. maybe greater than, less than, or equal to that in a competitive labor market, depending on labor supply 50. If a single union supplies all the labor in a competitive labor market, the union probably will: A....
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