A universal basic income would not only lift more than 3.2 million Canadians out of poverty, it would also create hundreds of thousands of new jobs, grow the economy by tens of billions of dollars and eventually pay for itself with increased tax revenues.

A universal basic income would not only lift more than 3.2 million Canadians out of poverty, it would also create hundreds of thousands of new jobs, grow the economy by tens of billions of dollars and eventually pay for itself with increased tax revenues.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter19: Economic Development

Section: Chapter Questions

Problem 4.6P

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It's a positive or normative statement? explain?

A universal basic income would not only lift
more than 3.2 million Canadians out of
poverty, it would also create hundreds of
thousands of new jobs, grow the economy by
tens of billions of dollars and eventually pay
for itself with increased tax revenues.

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