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.
Choices/ The way goods and services are produced and provided to consumers, and to used by them.
Its D. Self-directed teams will generally not report to a manager.
Answer:
$258077.04
Explanation:
The cost of the house is $350,000
Apply compound interest formula
A=P(1+r/n)^nt
where
A=amount of loan after the period has elapse=?
P=principal deposit amount=$50,000
r=rate of interest in decimal form=0.07%
t=time taken for the loan to mature
n=1
A=$50,000(1+0.07)^9
A=$50,000*(1.07)^9
A=$91922.96
Remaining balance =$350000-$91922.96=$258077.04
Answer:
$71,774 million
Explanation:
Given that,
Beginning retained earnings = $71,993 million
Net income = $7,215 million
Dividends = $7,448 million
Other transactions = $14 million
Balance of retained earnings at the end of the year:
= Beginning retained earnings + Net income - Dividends + Other transactions
= $71,993 million + $7,215 million - $7,448 million + $14 million
= $71,774 million
Therefore, the balance of retained earnings at the end of the year is $71,774 million.
