Last year Liz earned $20 an hour and worked 30 hours per week.

. Last year Liz earned $20 an hour and worked 30 hours per week. This year she got a raise to $24 an hour and works 40 hours per week. She has a 3 year old and pays $5 an hour for day care. Biden has proposed ee child care for all 3 and 4 year olds. What effect would this have on Liz's hours of work and consumption of market goods other than child care? Draw and explain an indifference curve diagram as part of your answer. [20 points] . Biden has also proposed a child allowance of $300 per month ($75 per week) for all children under 6. What effect would this proposal have on Liz's hours of work and consumption of market goods? Draw and explain and indifference curve diagram as part of your answer. [15 points]