In 1997 the government of ontario reformed that


In 1997 the Government of Ontario reformed that province’s welfare system. The reform reduced the amount of welfare payments to a person with no income, but also allowed welfare recipients to keep a larger part of their welfare payments if they did earn some income.

a. How does this reform affect the incentive to work?

b. How might this reform represent a trade off between equity and efficiency?

Request for Solution File

Ask an Expert for Answer!!
Business Economics: In 1997 the government of ontario reformed that
Reference No:- TGS01081918

Expected delivery within 24 Hours