Which of the Following Is Not One of the Work

question 51

Multiple Choice

Which of the following is not one of the work disincentive criticisms of welfare programs?

• A) Welfare provides income that is easier to obtain than by working, so poor are induced to reduce their work effort.
• B) Because welfare benefits are paid for with money collected from taxes and these taxes reduce take home pay for those working, the reward for work is reduced.
• C) Bureaucracy associated with welfare results in more money in the hands of bureaucrats than in the hands of the poor.
• D) The more a welfare recipient earns from a job, the fewer the benefits he or she receives.

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Definitions:

Demand Increases

A situation in market analysis where the quantity of a good or service that consumers are willing and able to buy rises.

Market Price

The current price at which a good or service can be bought or sold in the marketplace.

Perfectly Competitive Industry

An economic framework where numerous sellers and buyers exist, with unrestricted entry and exit, and the product offered is uniform.

Increase Revenue

Strategies or actions that lead to a rise in the total amount of money received by a company for goods sold or services provided.