Compose a 250 words assignment on real wages. Needs to be plagiarism free!
The reason that real GPD per capita has failed to grow during the last four years is because the United s in 2008 entered into a major recessionthat had global repercussions. The 2008 recession has been compared to the Great Depression. The employment rate went up a lot and it only started to drop a few months ago after nearly reaching 10%. Since more people were out of work the real GDP per capita metric was not able to distribute as much money per person since fewer workers were contributing to the formula.
The dilemma with real wages is much different. The real wages of American workers have been held stagnant for decades due to the fact that the cost of living in the United States has been rising at a faster rate than the income generated by the workers. Some of the products that have gone up in price the most are food items, medical expenses, gasoline, and energy costs. The minimum wage salary was held at $5.15 for a long time. In 2007 the government finally made changes to its minimum wage law to gradually increase the minimum wage to eventually reach $7.
25 within three years (Taxpolicycenter). Inflation has been depleting the budgets of many American families for a long time. The main problem with the real wages of American workers is that money is simply not worth what it used to. The purchasing power of money has decreased a lot and as a consequence Americans cannot buy as many goods and services as it used to with the same money.Work Cited PageTaxpolicycenter.org. 2011. “State Minimum Wage Rates, 1983-2011. 25 March 2012.
Select your paper details and see how much our professional writing services will cost.
Our custom human-written papers from top essay writers are always free from plagiarism.
Your data and payment info stay secured every time you get our help from an essay writer.
Your money is safe with us. If your plans change, you can get it sent back to your card.
Check out some essay pieces from our best essay writers before your place an order. They will help you better understand what our service can do for you.
We offer more than just hand-crafted papers customized for you. Here are more of our greatest perks.
Get instant answers to the questions that students ask most often.See full FAQ
We complete each paper from scratch, and in order to make you feel safe regarding its authenticity, we check our content for plagiarism before its delivery. To do that, we use our in-house software, which can find not only copy-pasted fragments, but even paraphrased pieces of text. Unlike popular plagiarism-detection systems, which are used by most universities (e.g. Turnitin.com), we do not report to any public databases—therefore, such checking is safe.
We provide a plagiarism-free guarantee that ensures your paper is always checked for its uniqueness. Please note that it is possible for a writing company to guarantee an absence of plagiarism against open Internet sources and a number of certain databases, but there is no technology (except for turnitin.com itself) that could guarantee no plagiarism against all sources that are indexed by turnitin. If you want to be 100% sure of your paper’s originality, we suggest you check it using the WriteCheck service from turnitin.com and send us the report.
Yes. You can have a free revision during 7 days after you’ve approved the paper. To apply for a free revision, please press the revision request button on your personal order page. You can also apply for another writer to make a revision of your paper, but in such a case, we can ask you for an additional 12 hours, as we might need some time to find another writer to work on your order.
After the 7-day period, free revisions become unavailable, and we will be able to propose only the paid option of a minor or major revision of your paper. These options are mentioned on your personal order page.