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Income per month (= earnings transfers) Hours before TANF K Hours after TANF - $100 Hours of leisure per month Figure 13.4 Labor supply decision
Income per month (= earnings transfers) Hours before TANF K Hours after TANF - $100 Hours of leisure per month Figure 13.4 Labor supply decision under TANF Given Marge's indifference curves, the introduction of TANF induces her to work less. She now works KT hours, as opposed to FT hours before TANF
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