8.28 Chapter 20 - Click to edit Master subtitle style Econ...

Info iconThis preview shows pages 1–8. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Click to edit Master subtitle style Econ 101 Introduction to Microeconomics Professor Richard V. Burkhauser 20 An Inquiry into the Nature and Causes of the Wealth of Nations or How to Reduce Poverty in Modern Society Econ 101 Professor Burkhauser Econ 101 Professor Burkhauser Key Concepts poverty rate, p. 434 poverty line, p. 434 in-kind transfers, p. 437 life cycle, p. 437 permanent income, p. 438 Gini coefficient, class Lorenz curve, class inequality, class Kernel density function, class income distribution, class Econ 101 Professor Burkhauser Middle-income Losing Ground? Making Lemons out of Lemonade Ithaca Journal, September 21, 2004 Click to edit Master subtitle style Econ 101 Introduction to Microeconomics Professor Richard V. Burkhauser Income Inequality in the 1990s Burkhauser, Richard V., Kenneth A. Couch, Andrew J. Houtenville, and Ludmilla Rovba. Income Inequality in the 1990s: Re-forging a Lost Relationship? Journal of Income Distribution , 12(3-4) (2003-2004): 8-35. Burkhauser, Richard V. and Kenneth Couch, Are United States Inequality and Mobility Trends in the European Unions Future? paper presented at the Conference on the Attractiveness of the European and the American Social Models, Social Science Research Center, Berlin, May 2007. Econ 101 Professor Burkhauser Econ 101 Professor Burkhauser Question 1: What is your best guess of your household s before tax income last year? a) 0 - $20,000 b) $20,001 - $38,000 c) $38,001 - $60,001 d) $60,002 - $94,160 e) $94,161 - $128,354 f) $128,355 - $167,880 g) $167,881 - $239,968 h) $239,969 - $424,645 i) $424,646+ Econ 101 Professor Burkhauser Econ 101 Professor Burkhauser Question 2: The 1980s have been described as a period when the rich got richer, the poor got poorer, and large portions of the middle class became poorer. Is this an accurate view of the 1980s? a) Yes b) No Econ 101 Professor Burkhauser Econ 101 Professor Burkhauser Question 3: The 1990s have been described as a period when the rich got richer, the poor got poorer, and large portions of the middle class became poorer. Is this an accurate view of the 1990s?...
View Full Document

This note was uploaded on 03/14/2008 for the course ECON 1110 taught by Professor Wissink during the Fall '06 term at Cornell University (Engineering School).

Page1 / 33

8.28 Chapter 20 - Click to edit Master subtitle style Econ...

This preview shows document pages 1 - 8. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online