2024 – Respond to the following in a minimum of 275 words Discuss at least two self interested reasons that a top earner

income – 2024

 

Respond to the following in a minimum of 275 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.

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