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Suppose that a government antipoverty program guarantees $18,000 in income to everyr family living in poverty, even for those who do not work. The government
Suppose that a government antipoverty program guarantees $18,000 in income to everyr family living in poverty, even for those who do not work. The government reduces payments by $0.50 for every $1.00 earned. The employed individual enrolled in this program typically earns $8 per hour, but only nets $4 per hour because of this reduction, If the individual decides to work 0 hours during the year, what is the maximum income he will receive? Use the given table to solve your answer. Amount Worked {hours} Total Earnings Total Income 0 {2500 hours leisure} 7' 500 {2000 hou rs leisu re) $4,000 1000 (1500 hours leisure] $8,000 1500 (1000 hours leisure] $12,000 2000 (500 hou rs leisu re) $16,000 2500 (0 hou rs leisure} $20,000 Government Support $ 1 6,000 $ 14,000 $ 1 2,000 $ 10,000 $8 .000 $20,000 $22,000 $24,000 $26,000 $28,000 Select the correct answer below: O $0 total income 0 mo, ooo total income 0 $13, 000 total income 0 Mo, ooo total income
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