Examlex
Which of the following statements is NOT correct?
Marginal Income Tax Rate
The rate at which the last dollar of a person's income is taxed, reflecting the incremental tax paid on incremental income.
Explicit Benefit-reduction Rate
The specified rate at which benefits decrease as income or other factors change, often related to welfare policies.
Incidence of Poverty
The proportion or rate of a population living below the poverty line, indicating the extent of poverty in a given area.
Married-couple Families
Families consisting of a husband and wife as the main household members, possibly with children.
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