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(c) Consider Jamie who is single with two children. Jamie is not currently working, and, consequently, has no earnings. Is Jamie in the phase-in, stationary,
(c) Consider Jamie who is single with two children. Jamie is not currently working, and, consequently, has no earnings. Is Jamie in the "phase-in", "stationary", or "phase-out" stage of the EITC? Does Jamie effectively face a wage subsidy or wage tax? How do you think this affects Jamie's labor supply decision
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