Answer the next two questions based on information in the following table, which shows average taxes owed for families with two different income levels. 32.0 percent 15. Society Security b. welfare c. Suppose higher union wages reduce employment in the union sector. The amount of labor a company hires depends on the price of labor.
Workers seek jobs in order to earn the income necessary to purchase goods and services.
The wage demands of workers reflect company profitability. The demand for automobile workers is based on the demand for the automobiles they produce. The tax share has increased. The tax share has decreased. The tax share increased until the 1970s and has declined since then.