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Plz answer. CASE APPLICATION Alexander, age 42, and Susan, age 39, are married and a. Alexander was fatally injured in a non-work related live in

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CASE APPLICATION Alexander, age 42, and Susan, age 39, are married and a. Alexander was fatally injured in a non-work related live in small house. They have three children-2-year accident. To what extent does this situation affect old Sam, 10-year old Alan, and 20-year-old Jane. the family budget? Alexander is employed as an engineer with international b. Jane is seriously injured in non-work related acci- company and earns $75,000 a year. Susan works part- dent. As a result she is disabled. To what extent time job as a home health aid worker with compensa- does this situation affect the family budget? tion $15,000 a year. They purchased their home 7 years c. Alexander's position is outsourced and he is unem- ago for $250,000 and are currently paying off the ployed. Alexander has unemployment insurance. To mortgage. They also have $15,000 in savings. Answer what extent does this situation affect the family the following questions. Compare a situations where budget? (1) both Alexander and Susan are both fully OASDI d. Discuss the social system applied in your state/coun- insured with a situation where (2) neither Alexander nor try and the effect of social insurance on the stability Susan are OASDI insured. Discuss the effect of social of family in case of the situations mentioned in (a), insurance on the stability of family. Treat each situation (b) and (c). separately

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