Problem

A group of 10 people have the following annual in…

05:55

Problem 46 Hard Difficulty

Susan is a single mother with three children. She can earn $8 per hour and works up to 2,000 hours per year. However, if she does not earn any income at all, she will receive government benefits totaling $16,000 per year. For every $1 of income she earns, her level of government support will be reduced by $1. Create a table, patterned after Table 14.8. The first column should show Susan’s choices of how many hours to work per year, up to 2,000 hours. The second column should show her earnings from work. The third column should show her level of government support, given her earnings. The final column should show her total income, combining earnings and government support.

Answer

(TABLE CANNOT COPY)

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Principles of Microeconomics for AP® Courses

Chapter 14

Poverty and Economic Inequality

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Video Transcript

Susan is a single mother with three Children. She got our $8 per hour for up to 2000 hours per year. However, if she does not earn any income at all, she will receive government benefits totally $16,000 for every one daughter off income she earns. Her level off government support will be reduced by one daughter. Therefore, the welfare for her equals $16,000 minus. But our necks. We would like to create a table that shows the difference choices for Susan. The first Akala shows Susan's choices have how many hours to work per year up to 2000 hours, and we have the numbers here on the right. Left. Most column. Avandia Seconds column should show her earnings from work. The third column should show her level off government support, given her earnings, and then the final column should show her total income combining earnings and government support. So when Suzanne chooses to not work at all, her working hours will be zero and her earning you some work will just be zero. So the level off garment support will be $60,000 minus zero, the chest, $60,000 and then her total income will be zero plus $15,000 off garment support, which he calls $60,000 with Zeus and chooses to work for 500 hours per year. Her earning some work will be 500 hours times AIDS Daughters Perk Hallway, which is $4000 in her level Off karma support will be $60,000 minus $4000 which is $12,000. And her total income in this case will be earning some work that is 4000 daughters, plus the government support, which is $12,000 and that says $60,000 with Susan chooses to work for 1000 hours per year. Her earnings from work hokey, 1000 hours times $8 per hour, which is $8000 and the government support will be $60,000. Mine is her earnings, which is $1000 bad, gives us $8000 and her total income will be $1000 from her earnings, plus $1000 from the government support. And that gives us $60,000 off a total income when Susan chooses to work for 50 100 hours. But you her earnings from work will be 50 100 times eight. Tyler's per hour, which is $12,000 and the Graham A support will be $60,000 minus earnings. Days doesn't daughters, and it gives us $4000 in her total income will be her only some work. It is $12,000 plus the Kama support, which is $4000 and it gives us $16,000 off a total income. And when Susan chooses to work for 2000 hours per year, her earning some work will be two dozen hours times $8 per hour, which is 16,000 daughters, and the government support will be $60,000 minus her earnings, which had $16,000. And that will gives us zero. So her total income will be her earnings off $60,000 plus the government support off $0 and that keeps us $16,000

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