A recent bill reforming the government's antipoverty program limited many welfare recipients to only 2 years of benefits. How does this change affect the incentives for working?

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter12: The American Labor Force
Section12.1: Amercians At Work
Problem 2R
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A recent bill reforming the government's antipoverty program limited many welfare recipients to only 2 years of benefits. How does this change affect the incentives for working?

 

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