Which of the following statements is correct?
A) A disadvantage of a minimum-wage law is that it may benefit unskilled workers who are not low-income workers.
B) A disadvantage of a negative income tax program is that a poor person who chooses not to work many hours would receive a cash benefit.
C) A disadvantage of an Earned Income Tax Credit (EITC) is that a person who is unable to work due to a disability does not benefit from the program.
D) All of the above are correct.
Correct Answer:
Verified
Q63: Which of the following statements is not
Q64: Which of the following programs to alleviate
Q65: Economists who support minimum-wage legislation are likely
Q66: Figure 20-5 Q67: A binding minimum wage Q69: Which of the following statements about the Q70: Binding minimum-wage laws
A)affects employees but not
A)are costly for the government
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