
Intro to Universal Basic Income (UBI)
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10 questions
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- Q1What is a Universal Basic Income?A compulsory contribution to state revenue workers' income and business profits.the branch of knowledge concerned with the production, consumption, and transfer of wealthan abundance of valuable possessions or moneyA regular, equal, and non-returnable cash benefit that is received individually by all citizens regardless of their material and occupational situation.300s
- Q2What is the predicted Universal Basic income in the U.S.?$800$1000$2100$5000300s
- Q3Which of these countries has not implemented a UBI before?FinlandItalyCanadaRussia300s
- Q4According to the Canadian UBI test, what percentage of people on average stop woring after receiving a UBI?1%3%8%10%300s
- Q5On average, by what percent do people reduce their working hours while receiving a UBI?10%25%80%15%300s
- Q6What is one proposed way of paying for a UBI?Tax the poor.Borrow money from other countries.Tax the wealthy to pay for a UBI.Print more money.300s
- Q7According to a study, a UBI of $1000 a month in the U.S. can grow the GDP by how much?1% in 50 years.12% in 8 years.50% in 2 years.3% in 20 years.300s
- Q8Every extra dollar going towards wage earners adds how much to the national economy?$1.21$0.50$0.39$3.50300s
- Q9Which of these is a pro of replacing welfare programs with a UBI?Populists might promise drastic changes to the UBI to get into power.A UBI can protect the working class from growing automated industries.A UBI doesn’t tackle all programs when it comes to inequality like rent.Replacing all welfare programs with a UBI might make it easier for the government to control or cut the program completely.300s
- Q10Which of these is a con of replacing welfare programs with a UBI?Cutting welfare programs to fund UBI can leave many people worse off than before.Removes fear and suffering from a significant part of the population.People can spend time on their education and development.It can increase the country's GDP.300s