Multiple Choice
Use the following formula to answer the indicated question: Welfare benefit = Maximum benefit - Wages Suppose Parker works 2,000 hours per year at a wage of $12 per hour.If the state maximum welfare benefit is $14,000 per year,based on the welfare formula given,Parker's welfare benefit will be
A) Zero.
B) $7,000.
C) $14,000.
D) $28,000.
Correct Answer:
Verified
Correct Answer:
Verified
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