draw two well-labeled graphs.

Suppose the in the state of California the welfare benefits of a TANF recipient is changed between the years 2019 to 2020. Prior to 2020, a single mom with two kids under the age of 18 years would receive $5,000 of guaranteed benefit if enrolled for the TANF assistance. Under this program, the benefit reduction rate was 50% for every hour of work, till the mom is out of the benefit program

. a. (4 points) Draw the budget constraint faced by a participant in the year 2019. Assume that a typical worker spends her money earned in the labor market on consuming food (F). The hourly wage rate is $20 per hour and she can, in total, work (L) for 2000 hours per year. In your graph, be sure to indicate slopes of the various parts of the budget constraint.

b. (6 points) Now, on the same graph, draw the budget constraint faced by a participant when some of the policy parameters were altered in 2020. In 2020, the state of California decided that in an attempt to provide labor market participation incentives, the guaranteed benefit will be reduced by a $1,000. But for the first $4,000 earned by the participant there will be no benefit reduction applied. Once the income of the participant exceeds the $4,000 mark, the benefit reduction rate of 30% will kick in till the participant is out of the TANF program. In your graph, be sure to indicate slopes of the various parts of the budget constraint. On a separate graph draw the budget constraint for the year 2020.