AFM202 Lecture Notes - Lecture 7: Nanny
19 Nov 2017
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Mr. ken t. jones (born aug. 22, 1980) and ms. mary q. Public (born july 15, 1981) are unmarried, but they have lived together for 10 years and have two children (lulu jones, born july 1, 2009, and peter jones, born september 1, 2006). The only expense incurred as a result of the move was a bill from. Ace movers for ,910 for packing and transporting the household goods. Before the move, each spouse had commuted 30 km to work. After the move, each spouse commutes only 20 km to work. Mary earned ,000 for her business in human resources consulting. (assume all of this income is earned in toronto; she moved near the start of the year). In toronto the couple employed a full-time nanny, elizabeth thornton, at a salary of ,000 for 2014 to take care of their two children while they work.
