Question: Figure 17-1 ample indiffere curves 0 E ; . 0 200 400 600 800 1000 1200 1400 1600 1800 2000 2200 Hours of leisure per




Figure 17-1 ample indiffere curves 0 E ; . 0 200 400 600 800 1000 1200 1400 1600 1800 2000 2200 Hours of leisure per year Suppose all workers have 2000 hours to spend in work or leisure. Figure 17-1 displays sample indifference curves and a budget constraint corresponding to no income redistribution program for Warren. Question 38 1 pts Refer to Figure 17-1 Suppose a welfare program with benefit guarantee of $10,000 is implemented with 100% benefit reduction rate. How much does Warren work now? Enfera whole number and no text. Question 39 1 pts Refer to Figure 17-1 Suppose an alternative program with $10,000 benefit guarantee and 50% reduction rate is implemented. How much does Warren work now? Enter a whole number and no text
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