Leo is a welfare recipient who qualifies for two needs-tested cash benefits.If he does not earn any income,he receives $225 from each benefit.For each dollar he earns,each benefit is reduced by 75 cents until the benefit equals zero.
-Refer to the above information.If Leo only values income and not how the income is acquired,then he must earn __________ to be as well off as when __________ and receives benefits.
A) $300;he earns nothing
B) $150;he earns $50
C) $250;he earns nothing
D) $350;he earns nothing
E) $450;he earns nothing
Correct Answer:
Verified
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