Suppose that the government proposes a negative income tax where taxes owed = (A x income)-B The x is multiply

Under this system, a family with an income of $50,000 pays $5,000 in taxes and a family with an income of $60,000 receives an income subsidy of $2,000. Hint,, this is a system of equations that you can solve by substitution. If you must show your work.

a. What is the value of "A"? Round your final answer to 4 decimals

b. What is the value of "B"?

c. What is the tax liability of a family with an income of $49,000?

d. At what level of income will a family neither pay taxes, nor receive an income subsidy?