Describe the work incentives under each program


Problem

The government is considering three possible welfare programs:

a. Give each low-income household $10,000.

b. Give each low-income household $20,000 minus the recipient's income.

c. Match the income of each low-income household, where the maximum they can receive in benefits is capped at $10,000. Which program does the most to help the poor? Describe the work incentives under each program.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: Describe the work incentives under each program
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