Business, 06.03.2020 18:59, shubbs1038a

Suppose that under TANF, your state provides an income guarantee of $5,000. The typical recipient can work up to 2,000 hours per year at a wage of $15 per hour. Assume the recipient works 1,000 hours per year and the effective take-home wage rate is $6.00. What is the benefit reduction rate

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Suppose that under TANF, your state provides an income guarantee of $5,000. The typical recipient ca...