Explain what the efficiency, equity and administrative advantages are of a means-testing system that phases out...

Explain what the efficiency, equity and administrative advantages are of a means-testing system that phases out eligibility as household income approaches a certain limit instead of just stating that the every household below the limit is eligible and those above are not? [Please focus your discussion on the economic reasoning for doing so.]

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Rahul Sunny answered 1 year ago

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Explain what the efficiency, equity and administrative advantages are of a means-testing system that phases out...

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