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Jody's market wage is $25 per hour. He may be entitled to a disability payment of $300 per week. He has no other non-labor income
Jody's market wage is $25 per hour. He may be entitled to a disability payment of $300 per week. He has no other non-labor income
a.) Draw his budget constraint if he is entitled to the payment only if he does not work. b.) Draw his budget constraint if he can keep the payment regardless of whether or not he works.
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