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Please read Jacob Bastian (2019) The Rise of Working Mothers and the 1975 Earned Income Tax Credit American Economic Journal: Economic Policy, 12(3): 44751. a)

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Please read Jacob Bastian (2019) \"The Rise of Working Mothers and the 1975 Earned Income Tax Credit\" American Economic Journal: Economic Policy, 12(3): 44751. a) Describe the 1975 introduction of the Earned Income Tax Credit (EITC). Why was the EITC introduced? How does it differ from a guaranteed annual income? Who is eligible to receive it? How does the 1975 version of the EITC differ from the EITC as it existed in 2013

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