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Use the Following Formula to Answer the Indicated Question: Welfare

Question 47

Multiple Choice

Use the following formula to answer the indicated question: Welfare benefit = Maximum benefit - 0.7 [Wages - (Work expenses + Child care costs) ]
Suppose Carter works 1,200 hours per year at a wage of $6 per hour,has child care expenses of $2,200 per year,and has work expenses of $800.If the state maximum welfare benefit is $12,000 per year,based on the welfare formula given,Carter's welfare benefit will be


A) $3,000.
B) $10,200.
C) $9,060.

Correct Answer:

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