Suppose the government has the following policy: If an individual is not working, he receives a...

  

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Suppose the government has the following policy: If an individual is not working, he receives a tax-free payment of $100. If he works, he does not receive the $100, and all wages are subject to a 50% income tax. Draw the budget constraint for Mitch by using the line tool and point tool on the graph below. To refer to the graphing tutorial for this question type, please click here. Consumption 400 375 350 325 300 275 250 225 200 175 150 125 100 50 25 9 P Leisure Suppose the government has the following policy: If an individual is not working, he receives a tax-free payment of $100. If he works, he does not receive the $100, and all wages are subject to a 50% income tax. Draw the budget constraint for Mitch by using the line tool and point tool on the graph below. To refer to the graphing tutorial for this question type, please click here. Consumption 400 375 350 325 300 275 250 225 200 175 150 125 100 50 25 9 P Leisure