In 1997 the government of ontario reformed that, Ask an Expert

Economics

In 1997 the Government of Ontario reformed that province’s welfare system. The reform reduced the amount of welfare payments to a person with no income, but also allowed welfare recipients to keep a larger part of their welfare payments if they did earn some income.

a. How does this reform affect the incentive to work?

b. How might this reform represent a trade off between equity and efficiency?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91371648

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