12 . Problems and Applications Q8 Consider two of the income security programs in the United States: Temporary Assistance for Needy Families (TANF) and the Earned Income Tax Credit (EITC). When a woman with children and very low income earns an extra dollar, she receives less in TANF benefits. True or False: This feature of TANF will increase the labor supply of low-income women. True 0 False The EITC provides greater benets as lowincome workers earn more income (up to a point). This feature of EITC has a ' effect on the labor supply of low-income workers. Which of the following statements captures the disadvantages of eliminating TANF and allocating the savings to the EITC? Check all that apply. TANF encourages people to work more. - TANF provides a safety net for those who are less likely to be successful in the labor market. Continue without saving