ECO 561T Economics Wk 4 Discussion Answers

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.

ECO 561T Economics Wk 1 Discussion Answer .

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