Question
33. Explain how you would set up a government program that would give an incentive for labor to increase hours and keep labor from falling
33. Explain how you would set up a government program that would give an incentive for labor to increase hours and keep labor from falling into the poverty trap.
34. Many critics of government programs to help low income individuals argue that these programs cause a poverty trap. Explain how programs such as TANF, EITC, SNAP, and Medicaid will affect low-income individuals and whether or not you think these programs will benefit families and children.
35. Think about the business cycle: during a recession, unemployment increases; it decreases in an expansionary phase. Explain what happens to TANF, SNAP, and Medicaid programs at each phase of the business cycle (recession, trough, expansion, and peak).
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