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Q. Assume that at this time in the nation of Economic when families split up there are no required child support payments. The legislature is considering a plan where the noncustodial parent must pay the custodial parent 20 percent of his/her income for child support. In this country, everyone can earn $10 every hour also work as much as they want up to 2,000 hours every year.

Draw the income-leisure budget lines for the custodial also noncustodial parents before the policy is enacted - 2 separate graphs

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9170665

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