ECO 561 Week 4 Discussion Income Distribution and Labor Markets Latest

ECO 561 Week 4 Discussion Income Distribution and Labor Markets New

ECO 561 Week 4 Discussion Income Distribution and Labor Markets

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. 

Due Thursday 

Respond to the following in a minimum of 175 words: 

•           Discuss at least two self-interested reasons that a top earner might favor policies to redistribute income.

•           Discuss why the supply curve of labor for any specific occupation is likely to be upward-sloping, even if, for the economy as a whole, people work fewer hours when wage rates increase.

Due Monday 

Reply to at least 2 of your classmates. Be constructive and professional in your responses.