Answer:
The expected return on her portfolio is B) 11.8%
Explanation:
Hi, the expected return of a portfolio can be found by multiplying the weight of each of the assets times each of its expected return, that is:
So everything should look like this
The expected return of the portfolio is 11.8%, that is option B)
Best of luck.
January and February are the 2 worst months to make a large profit by selling french fries. The most sold are during September and November. These months are much warmer than January and February.
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.
