Unlike traditional social welfare programs, the Earned Income Tax Credit has been shown to increase: a. both equity and efficiency. b. equity but not efficiency. c. efficiency but not equity. d. neither equity nor efficiency.

Unlike traditional social welfare programs, the Earned Income Tax Credit has been shown to increase: a. both equity and efficiency. b. equity but not efficiency. c. efficiency but not equity. d. neither equity nor efficiency.

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter20: Income Inequality And Poverty

Section: Chapter Questions

Problem 6CQQ

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Unlike traditional social welfare programs, the Earned Income Tax Credit has been shown to increase:

a.	both equity and efficiency.
	b.	equity but not efficiency.
	c.	efficiency but not equity.
	d.	neither equity nor efficiency.

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