With a Negative Income Tax Featuring an $8,000 Minimum Level

question 19

Multiple Choice

With a negative income tax featuring an $8,000 minimum level of income and a 20 percent tax rate, a household earning $8,000 would receive a subsidy of:

• A)zero
• B)$1,600
• C)$6,400.
• D)$8,000
• E)$4,000.

---

Definitions:

High-strung

A term used to describe a person who is very anxious, tense, or easily upset.

Personal Technology

Electronic devices and technologies designed for individual use, typically for communication, entertainment, or productivity.

Ease of Use

The degree to which a product or system can be used by specified consumers to achieve quantified objectives with effectiveness, efficiency, and satisfaction in a quantified context of use.

Extraversion

A personality trait characterized by being outgoing, talkative, energetic, and sociable, often contrasted with introversion.