Use the diagram below for depicting a new subsidy program. In particular, suppose the subsidy is $10 when the level of earnings is zero. As the level of earnings rises, the subsidy falls steadily until it reaches a subsidy of zero when the level of earnings is $10. a. In the chart below, label the horizontal axis "Earnings in dollars" and the vertical axis "Income in dollars; Subsidy in dollars." Add a 45-degree line to show pre-subsidy income equal to earnings. b. Add a thick dark, line that represents the new subsidy described above. c. Use a dashed line to show the post-subsidy income for earnings of $10 or less. d. We define the breakeven level of earnings as the level of earnings at which the subsidy falls to zero. What dollar amount represents the break-even level of earnings in this example? e. We define the breakeven level of income as the level of income at which the subsidy falls to zero. What dollar amount represents the break-even level of income in this example? f. We define the marginal benefit reduction rate (mbrr) as the absolute value of the change in the benefit resulting from a $1 increase in earnings. Below earnings of $10, what is the mbrr? g. We often speak of the "implicit tax rate" associated with a program rather than the mbrr. We define the implicit tax rate as the absolute value of the change in implied taxes resulting from a $1 rise in earnings. Below earnings of $10, what is the implicit tax rate for this program? Use the diagram below for depicting a new subsidy program. In particular, suppose the subsidy is $10 when the level of earnings is zero. As the level of earnings rises, the subsidy falls steadily until it reaches a subsidy of zero when the level of earnings is $10. a. In the chart below, label the horizontal axis "Earnings in dollars" and the vertical axis "Income in dollars; Subsidy in dollars." Add a 45-degree line to show pre-subsidy income equal to earnings. b. Add a thick dark, line that represents the new subsidy described above. c. Use a dashed line to show the post-subsidy income for earnings of $10 or less. d. We define the breakeven level of earnings as the level of earnings at which the subsidy falls to zero. What dollar amount represents the break-even level of earnings in this example? e. We define the breakeven level of income as the level of income at which the subsidy falls to zero. What dollar amount represents the break-even level of income in this example? f. We define the marginal benefit reduction rate (mbrr) as the absolute value of the change in the benefit resulting from a $1 increase in earnings. Below earnings of $10, what is the mbrr? g. We often speak of the "implicit tax rate" associated with a program rather than the mbrr. We define the implicit tax rate as the absolute value of the change in implied taxes resulting from a $1 rise in earnings. Below earnings of $10, what is the implicit tax rate for this program