d. One hypothesis emphasizes international trade, and the other emphasizes techn

Question

d. One hypothesis emphasizes international trade, and the other emphasizes technology. QUESTION 61 A negative income tax system would O a sever the link between tax policy and income distribution. e b. eliminate progressive tax rates e c collect from high-income households and give transfers to low-income households d, make taxes more regressive. QUESTION 62 Medicaid and food stamps are a, available only to the elderly b. forms of cash assistance c. forms of in-kind assistance. d. transfer payments. QUESTION 63 Table 20-4 Poverty Thresholds in 2002, by Size of Family and Number of Related Children Under 18 Years

Explanation / Answer

61) A negative income tax system is a progressive income tax system where taxes are collected from income households falling into tax slabs while those who earn below a certain level of income are provided supplemental pay by the government instead of paying taxes.

Thus, the correct answer is option c. collect from high-income households and give transfers to low-income households.

62) Medicaid and food stamps are non-cash assistances provided by the government to purchase food or receive medication at the rates decided by the governments. These are not in the form of cash.

Therefore, the correct answer is option c. forms of in-kind assistance.

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