The government handout by a dollar

Reference no: EM13668998

A person's wage is $5 per hour, usually he work 8 hour per day. Now suppose the government puts in place an income maintenance program where every citizen is entitled to a minimum daily income of $40, and where each dollar of labor earnings reduces the government handout by a dollar.
1. If He does not work, how large is the handout she will receive from the government?
2. If he works for 4 hours, how large is the handout she will receive from the government?
3. If he works for 8 hours, how large is the handout she will receive from the government?
4. If he works for 12 hours, how large is the handout she will receive from the government?

Reference no: EM13668998

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