Suppose a Poverty Program Has a Basic Benefit of $8,000,and

question 98

Multiple Choice

Suppose a poverty program has a basic benefit of $8,000,and a family can earn up to $16,000 before losing all welfare benefits.The marginal tax rate is ________ percent.

• A)0.2
• B)0.10
• C)2.0
• D)0.5

Recognize obstacles to voting in the United States and propose solutions to enhance voter turnout.

Understand the importance of structural equality and civil society to democracy.

Appreciate the significance of major laws and reforms, such as the Voting Rights Act of 1965 and proportional representation, to democracy.

Understand the factors contributing to the low political participation rates among the new working class.

---

Definitions:

IRR

Internal Rate of Return; the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

Cost of Capital

The required return necessary to make a capital budgeting project, such as building a new plant, worthwhile.

Capital Rationing

In capital budgeting, the process of allocating available capital among projects to maximize total NPV.

IRR

The Internal Rate of Return; a discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.