Question: Connect Problem CP 2 3 - 0 8 ( algo ) Layla earns wages of $ 3 0 , 0 0 0 per year. She
Connect Problem CP algo
Layla earns wages of $ per year. She qualifies for about $ in housing credits, which raises her overall income to $ Housing credits are withdrawn for anyone earning more than $ per year.
Instructions: Enter your answers as a whole number.
a If Layla earns an extra $ per year, by how much will her overall income change?
Her overall income will by $
b Now suppose instead that housing credits are withdrawn gradually at a rate of $ for each $ that someone is earning above the wage limit of $ per year. Assuming Layla earns an extra $ per year above her original wage of $ per year, how large will her housing credit be
$
c Based on the housing benefit plan decribed in part where housing credits are withdrawn gradually, Layla's overall income will be
when she earns an extra $ per year in wages.
lower
the same
higher
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