answer please

Your job here is to analyze two different mechanisms used to provide money to low-wage workers. One mechanism is to subsidize wages of poor workers; for simplicity, you can consider a per unit subsidy in a competitive market (i.e., S & D works) for unskilled labor. The other is to establish what we have referred to in class as a "generic" welfare program; that is, the amount paid by the government to the individual declines as the individual earns more (by working additional hours). Suppose you hear someone make the following claim: Those two ways of providing money to low-wage workers are very similar. The reason is that, with either program in place, the amount that low-wage workers can consume will increase. Using your knowledge of income and substitution effects, explain why that claim is misguided. We are looking for a precise, detailed answer here