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.Management Sciences
A. a benefit in kind.
B. a means tested cash benefit
C. a universal (social insurance based) benefit
D. none of the above
Related Mcqs:
- The substitution effect of higher wages suggests that as the wage rate increases ?
- A. leisure becomes less expensive and households buy more of it B. leisure becomes more expensive and households buy more of it C. leisure becomes more expensive and households buy less of it D. leisure becomes less expensive and households buy less of it....
- A tax whose burden is the same proportion of income for all households is ?
- A. an equal tax B. a proportional tax C. a progressive tax D. a regressive tax...
- An increase in the minimum wage will cause a relatively large increase in unemployment among ?
- A. unskilled workers if the demand for labour is relatively inelastic B. unskilled workers if the demand for labour is relatively elastic C. skilled workers if the demand for labour is relatively elastic D. skilled workers if the demand for labour is relatively inelastic...
- The greatest advantage of a negative income tax is that it ?
- A. generates a smaller disincentive to work than most alternative anti-poverty policies. B. reduces the cost to the government of fighting poverty C. would not provide benefits to lazy people D. ensures that the poor actually receive what the government thinks they need does all these answers....
- The marginal tax rate is ?
- A. the tax rate you pay on any additional income that you earn. B. the total amount of tax you pay divided by your total income C. the additional tax you pay divided by your total income D. your total income divided by the total amount of tax you pay....
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