Assume that a state government currently provides no child-care subsidies to working single parents, but it now wants to adopt a plan that will encourage labor force participation among single parents. Suppose child-care costs are hourly and that the government adopts a child-care subsidy of $4 per hour if the single parent works 4 or more hours per day. Draw the current daily budget constraint (assume a wage that is net of the hourly child-care costs) for a single mother and then draw in the new constraint. Discuss the likely effects on labor force participation and hours of work.
You should be able to write at least 500 (no more than 750) words for the whole assignment with Arial 12 point font, conventional margins, and single-spaced.
Assignments must be submitted with APA Format as is established in the course syllabus under APA Format Resources as presented in the APA Sample Paper.
Analysis and Conclusion must reflect the student’s own words.
The conclusion must include the student’s point of view rather than what the paper includes.
Plagiarism won’t be tolerated and will be penalized with a 0-grade point for the assignment.