One way of aiding low-income families is to increase the
One way of aiding low-income families is to increase the minimum wage. An alternative is to provide a direct grant of non-labor income. Compare the impact of these two options on work incentives.
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suppose that i represents income your utility function is given by the formula u 10i as long as i is less than or
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one way of aiding low-income families is to increase the minimum wage an alternative is to provide a direct grant of
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