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 int

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.

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more