public_ps4_sp09 - NAME_ PAM 204- Problem Set #4 Complete...

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NAME_________________________ PAM 204- Problem Set #4 Complete the problem set on these three sheets of paper. Circle your answers to the multiple choice questions. This problem set is out of 10 points. Each question is worth 1/2 point. Read this article: www.pkarchive.org/economy/ForRicher.html It is from “The Unofficial Paul Krugman Web Page.” #1) Over the past 30 years, the average annual salary in the US has risen by about _____. A. 10% B. 15% #2) Over the past 30 years, the average real annual compensation of the top 100 CEO’s has increased by what percent? Round your answer to two decimal places. #3) The CBO found that between 1979 and 1997, the after-tax incomes of the top 1 percent of families rose by _____ A. 10% B. 157% #4) Over the past 30 years, most of the gains from the increase in the share of national income going to the top 10% of taxpayers went to _____ . A. taxpayers between the 90 th and 99 th percentile of the income distribution B. taxpayers above the 99 th percentile of the income distribution
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public_ps4_sp09 - NAME_ PAM 204- Problem Set #4 Complete...

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