(Answered) Compare a 40000 income in 1980 to 2010 and analyze the

Economics

Compare a $40,000 income in 1980 to 2010 and analyze the following questions:

What are the differences in the available products?

What are the differences in the quality of products?

If you made $40,000 in 1980 and in 2010, what would your income status or wealth be in each time period?

In which period would you choose to live, and why?

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Macroeconomics, Economics

Category:- Macroeconomics
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