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A 1996 bill reforming the federal governments antipoverty programs limited many welfare
Chapter 1, Problem Problems and Applications 1.7(choose chapter or problem)
A 1996 bill reforming the federal governments antipoverty programs limited many welfare recipients to only two years of benefits. a. How does this change affect the incentives for working? b. How might this change represent a trade-off between equality and efficiency?
Questions & Answers
QUESTION:
A 1996 bill reforming the federal governments antipoverty programs limited many welfare recipients to only two years of benefits. a. How does this change affect the incentives for working? b. How might this change represent a trade-off between equality and efficiency?
ANSWER:Step 1 of 3
Welfare benefits are given to the one who is suffering the poverty and other social-economic issues. In the light to support some groups of people, the government comes up with these benefits.