After completing your table, conclude by writing a short commentary (1 page), remarking on what you’ve learned from your findings. Include a brief description of the situations of the persons you...

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After completing your table, conclude by writing a short commentary (1 page), remarking on what you’ve learned from your findings. Include a brief description of the situations of the persons you compared; do these situations reflect some significant kinds of change in our society’s available opportunities for people like the ones you are comparing over time? Also, do you see any evidence that people’s working and spending habits have changed in response to rising or falling real costs—for example, do people select the type of car they own according to fuel efficiency, in reaction to (real) fuel prices? General research will be required for this project. Acceptable sources for this assignment are books, periodicals (which includes magazines, journals, and newspapers), and economic websites. You must use a minimum of two sources one of which may come from assigned readings and at least one scholarly source that you acquire through the library databases. Utilizing scholarly sources—sources from peer-reviewed journals—will improve the level of your analysis. You may use articles from our course text. You may also use sources such as magazine articles, newspapers, etc. You must integrate the sources found into your commentary. Make sure that you do NOT use online encyclopedias, WIKIS, or blogs. These are not considered acceptable sources and will cost you points on your grade. Please refer to the rubric to earn the maximum points available; the descriptions above are the bare minimum.
Answered 1 days AfterMay 13, 2021

Answer To: After completing your table, conclude by writing a short commentary (1 page), remarking on what...

Vasudha answered on May 15 2021
134 Votes
1. The overall labor market in the US has been uneven considering the political, social and economic factors into consideration. In the example, there is a 5 times increase in the wages in the past 5 years, which shows very minimal wage increase. This shows there is no significant change in the skill set of the people in this category and also there is an introduction of the machines in the manual and routine work, which compels them to work for a lesser wage rate. When wages compared to 2021 wages with the 1976, in 45 years, wage has increased only by 5 times.
2. The cost of filling up has increased over the past 2 decades, because of the trends in the marketing of the car companies. Usually car companies will give free maintenance in the initial years of buying, later on maintenance cost will be higher. Adding to the maintenance, there is an increased cost of...
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