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Suppose you can earn $10/hour and can choose any # of hours to work between 0 and 168 per week. What would the budget constraint over money and leisure look like? Suppose you were just laid off from a job, and could get the equivalent of $400/week in unemployment insurance benefits conditional on not working? How does that change the budget constraint? What does this imply for people's choices over working vs. leisure? How would the theoretical analysis of DI/WC compare to that for Ul? Suppose you can earn $10/hour and can choose any # of hours to work between 0 and 168 per week. What would the budget constraint over money and leisure look like? Suppose you were just laid off from a job, and could get the equivalent of $400/week in unemployment insurance benefits conditional on not working? How does that change the budget constraint? What does this imply for people's choices over working vs. leisure? How would the theoretical analysis of DI/WC compare to that for Ul