Staying Home Instead: Alternatives to the Two-Paycheck

Christine Davidson

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The 2009 American Recovery and Reinvestment Act and subsequent tax/spending initiatives add up to the largest fiscal stimulus in history. On the other hand, other economists argue that as wages fall below a livable wage many choose to drop out of the labor market and no longer seek employment. Another way of saying the same thing is that there are many variables that go into investment outcomes. The Phillips curve represents the relationship between the rate of inflation and the unemployment rate....

Pages: 200

Publisher: Lexington Books; Rev Upd Su edition (November 1992)

ISBN: 0029069459

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