[SOLUTION] Critical Thinking on Poverty and Economic Inequality

Answer the following two critical thinking questions from the text, Chapter 10 – 14. Be sure to cite references and in APA OpenStax College. (2016). Principles of economics. http://cnx.org/contents/[email protected] Many critics of government programs to help low-income individuals argue that these programs create a poverty trap. Explain how programs such as TANF, EITC, SNAP, and Medicaid will affect low-income individuals and whether or not you think these programs will benefit families and children. To reduce income inequality, should the marginal tax rates on the top 1% be increased? Explain your position

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