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pentagon [3]
3 years ago
13

Consider two of the income security programs in the United States: Temporary Assistance for Needy Families (TANF) and the Earned

Income Tax Credit (EITC). a. When a woman with children and very low income earns an extra dollar, she receives less in TANF benefits. This feature of TANF will cause the labor supply of low-income women to be . b. The EITC provides greater benefits as low-income workers earn more income (up to a point). True or False: This feature of EITC will decrease the labor supply of low-income workers. a. True b. False
Business
1 answer:
Harrizon [31]3 years ago
4 0

Answer:

a. When a woman with children and very low income earns an extra dollar, she receives less in TANF benefits. This feature of TANF will cause the labor supply of low-income women to be <u>LOWE</u>R. One of the most important characteristics of TANF is that as the beneficiary starts to earn money, they start losing benefits. The more money they earn, the less benefits they receive.

b. The EITC provides greater benefits as low-income workers earn more income (up to a point).

<u>True</u>

This feature of EITC will decrease the labor supply of low-income workers. <u>b. False</u>

Earned income tax credit (EITC) is a refundable tax credit aimed at low income workers (and low middle income workers) with children. The tax credit received by the beneficiaries of this program depend on their income levels and number of children. E.g. during 2020, the EITC for joint filers earning up to $52,493 and having 2 children is $5,828. This program increases the labor supply of low income workers, it doesn't decrease it. If you do not work, you do not receive EITC.

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Answer:

YTM = 6.42%

Explanation:

current market value = $1,000 x 98% = $980

n = (15 - 2) x 2 = 26

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YTM = [coupon + [(face value - market value)/n]} / [(face value + market value)/2]

YTM = [31 + [(1,000 - 980)/26]} / [(1,000 + 980)/2]

YTM = (31 + 0.77) / 990 = 31.77 / 990 = 0.03209 x 2 (annual yield) = 0.641818 = 6.42%

5 0
3 years ago
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jolli1 [7]
In this situation, the Average fixed cost wll be INCREASED.

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5 0
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One of the leading indicators of concentrated family ownership and control is the appointment of family members as board chairma
Aleksandr-060686 [28]

Answer:

TRUE

Explanation:

According to Mike Peng and his book "Global Business", these indicators help to identify problems such as: principal-principal conflicts (problems between controlling shareholders and minority shareholders), expropriation and tunneling ( when managers from the controlling family divert resources for personal use or family use).

5 0
3 years ago
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damaskus [11]

Answer:

C. 9100

Explanation:

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Answer: (D) Horizontal complementary

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According to the question, the horizontal complementary strategy are basically refers to the partnership that link various types of organizational unit together with the other business units or companies.      

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5 0
3 years ago
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