Find the per capita income in your state (https://fred.stlouisfed.org/release/tables?rid=110&eid=257197). Suppose that a single parent with one child

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Find the per capita income in your state (https://fred.stlouisfed.org/release/tables?rid=110&eid=257197). Suppose that a single parent with one child works in your state and earns income equal to one- third of the state per capita income (for instance, earnings of$18,558 in Florida, where per capita income is $55,675). Use the information in this book and your own research about programs through your state government’s website to estimate the effect of each of the following fiscal factors for this family:

(a) Federal and state income and social security taxes

(b) EITC

(c) TANF cash assistance payments

(d) SNAP benefits

(e) Medicaid eligibility and coverage.
What is the net economic position for such a family in your state? Assuming full- time work (2,000 hours per year), what is the equivalent hourly wage that such a single parent earns including all benefits?

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