The Following Questions Refer to the Information Given Below

question 38

Multiple Choice

The Following Questions Refer to the information given below.
Suppose the government implements a negative income tax plan to deal with the poverty problem.The negative income tax rate is set at 50%,and the break-even level of income is set at $5,000.
-The guaranteed annual income level assured each family,regardless of the amount of income earned by the family is

• A)$0
• B)$1,500
• C)$2,500
• D)$5,000
• E)$7,500

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Definitions:

State Supreme Court

The highest judicial body within a US state, which typically serves as the final arbiter in state law matters.

Solicitor General

A legal officer appointed to represent the government in court cases, particularly in higher courts such as the Supreme Court.

U.S. Supreme Court

The highest federal court in the United States, with ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.

Constitutional Amendment

A change or addition to the constitution, which is the foundational legal document of a country, requiring a specific and often rigorous approval process.