--%>
Assignment Help - homework help

Relative Income Measures and Distribution

After adjusting income for taxes and transfers, affects that would be least responsible for the reducing percentages of the U.S. population classified like “middle relative income” from 1976 is probably: (1) downsizing and corporate restructuring because of globalization, that has reduced the relative demand for numerous types of skilled physical labor into the United States. (2) reductions in the progressivity of income taxes. (3) high rates of investment in the U.S. economy through foreigners who obtain U.S. currency due to our persistent and growing balance of trade deficits. (4) increases in Social Security and other payroll taxes. (5) technological advances which have accelerated the automation of several forms of industrial production.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Microeconomics

  • Q : Relative utility-Consumer Equilibrium

    Can someone please help me in finding out the accurate answer from the following question. The relative utility from the last dollar used up on food is the ratio: (i) Marginal utility of food or production cost of food. (ii) The Price of food or net grocery bill. (iii

    		•
  • Q : High poverty rate among not employed

    The high poverty rate in between those who do not work: (w) reflects voluntary choices for leisure over income and work. (x) is no cause for concern if it involves voluntary choice. (y) occurs since family responsibilities prevent many people from wor

    		•
  • Q : Find out price at maximizes profit

    LoCalLoCarbo that is the favorite corporation of fad dieters maximizes profit at a price: (1) P1. (2) P2. (3) P3. (4) P4. (5) P5.

    Q : Long run problem In long run , the

    In long run, the actions of successful speculators tend to rise: (i) Gains and raise consumer’s costs. (ii) Output and decrease the volatility of prices. (iii) Corruption and Bribery in government. (iv) The volatility of both prices and outputs.

    		•
  • Q : Easily enter or exit the market in the

    This graph depicts a short run situation while long run equilibrium has been achieved for a firm along with some market (price-making) power when the firm cannot price discriminate and: (w) has explicit costs but no i

    		•
  • Q : Proprietorships and corporations I have

    I have a problem in economics on Proprietorships and corporations. Please help me in the following question. Most of the firms in United States are organized as ________, however two-third of all gain is received by the _________. (1) Corporations; restricted partners

    		•
  • Q : Personal distribution of income Select

    Select the right ans wer of the question. The personal distribution of income refers to the: A) division of income between personal taxes, consumption expenditures, and saving. B) division of income on the basis of industry sources, for example, agriculture, transport

    		•
  • Q : Price floor for Whopper Slushees The

    The government price floor for Whopper Slushees at P3 would result a: (i) shortage of Q1 – Q3. (ii) Excess of Q3 - Q1. (iii) Supply price of P1. (iv) Quantity demanded of Q2. (v) Demand price of P2.

    Q : Consumer goods-Durable and nondurable I

    I have a problem in economics on Consumer goods-Durable and nondurable. Please help me in the following question. Consumer goods comprise durable and nondurable goods, and: (i) Capital equipment. (ii) House-hold goods. (iii) Services. (iv) Electronic goods.

  • Q : For luxury items absolute value of

    The absolute value of price elasticity of demand tends to be lower when: (w) the greater the number of substitutes available. (x) the more important the product is in classical budgets. (y) for necessities than for luxury items. (z) when more time is

    		•