Essentials of Economics

Krugman, Paul; Wells, Robin

4th ed.

New York: Worth Publishers, Macmillan Learning, 2017

p. S-17

The Earned Income Tax Credit (EITC), a negative income tax, applies only to those workers who earn income; over a certain range of incomes, the more a worker earns, the higher the amount of EITC received.

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p. 322

One form economic insecurity takes is the risk of a sudden loss of income, which usually happens when a family member loses a job and either spends an extended period without work or is forced to take a new job that pays con-siderably less.

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p. S-17

The Earned Income Tax Credit (EITC), a negative income tax, applies only to those workers who earn income; over a certain range of incomes, the more a worker earns, the higher the amount of EITC received.

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p. 330

The advantage of employment-based health insurancexguiollargxinsurance that a company provides to its employeesxguiollargxis that these employees are likely to contain a representative mix of healthy and less healthy people, rather than a group of people who want insurance because they expect to pay high medical bilis.

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