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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 $10 per hour. Assume the recipient works 300 hours per year and the effective take-home wage rate is $6. 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...
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