Suppose that Trevor and Rachel McAdams are married and have three children. Rach

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Suppose that Trevor and Rachel McAdams are married and have three children. Rachel is the primary earner in the household. Trevor is considering joining the labor force, at which point he would earn $60 per hour for 40 hours per week. The cost of child care would be $10 per hour per child for 40 hours per week. Trevor is indifferent between working and staying at home except for the financial impact. Assume that his tax rate is 40%. Question 3 of 7 2.0 Points 0 Accepted characters Now assume that child care at home is imputed and taxed based on the market cost of providing that service. Calculate the weekly difference between Trevor's take- home pay (after paying taxes and child care) if he works versus if he stays home to care for the children. (Do not enter commas, or dollar signs) $

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