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The Table Given Below Shows the Absolute Tax Amounts Under

question 68

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The table given below shows the absolute tax amounts under five different tax policies for respective income levels.Table 19.2
The table given below shows the absolute tax amounts under five different tax policies for respective income levels.Table 19.2    -When a low-income individual receives a transfer payment, that individual has less of an incentive to forgo leisure time for work time.
-When a low-income individual receives a transfer payment, that individual has less of an incentive to forgo leisure time for work time.


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