The Table Below Shows the Monthly Income of a Family

question 39

Multiple Choice

The table below shows the monthly income of a family and the fuel assistance received from the government. Table 19.4
Refer to Table 19.4.The greatest disincentive to work for this family occurs between the income levels of _____ and _____.

• A)$0;$100
• B)$100;$200
• C)$400;$500
• D)$200;$300
• E)$300;$400

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Definitions:

Good

A tangible item that is produced or manufactured for sale to consumers in the market.

Market Equilibrium

A condition or state where the supply of a good matches its demand, leading to a stable market price for the good.

Good

A tangible product or item that satisfies some human desire or need, often available for sale in the market.

Tax Revenue

Government income collected from citizens and businesses through imposed levies and duties.