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Assume the government gives someone that earns no income the following benefits: a. $400 per month in welfare.. with a benefit reduction rate of 50%.
Assume the government gives someone that earns no income the following benefits: a. $400 per month in welfare.. with a benefit reduction rate of 50%. b. $200 worth of food stamps with a 60% benefit reduction rate. c. Housing vouchers worth $400 with a 50% benefit reduciton rate. This means $1,000 of benefits in total. If the person then earns $100 in wage income his total income (wages and benefits) for the month would be: Group of answer choices
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