Compare and contrast the following policies: Universal Basic Income (UBI), Earned Income Tax Credit (EITC), and Aid to Families with Dependent Children (AFDC). Preferably, write your answers in one page or less, although you may use more space if desired. In your response, please make sure to address the following points: Of UBI, EITC, and AFDC, which is currently the largest cash-benefit entitlement program in the United States? Has this always been the case? How much would a UBI program cost the government? Use estimates from Table 3 in Kearney and Mogstad to guide your response. How does this compare to the costs of EITC and AFDC/TANF? Most importantly, address what you believe are the effects of AFDC, UBI, and EITC on employment. To guide your response, relate these policies to Figures 2-7, 2-14, 2-15, and 2-17 in the 9th edition of the Borjas Labor Economics That is, use the neoclassical labor-leisure choice model to form your answers. Assume that leisure is a normal good