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Pranshu Pranshu
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2 years ago
What is the difference between market, before tax, and after-tax measures of income? Which one would you expect to be the most equal and why?
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joshyjoshy
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2 years ago
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This verified answer contains over 170 words.
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#2
2 years ago
Earning before tax is the total income earned. After tax earning is the amount of income left with the individual after paying the taxes.

Total income is the total amount of money earned by an individual in a given period of time. Disposable income is the amount of income left for the individual to consume or save. That is, disposable income is the income left with the individual after paying taxes.

So, earning before tax is total income and

Earning after tax that is the income left after paying taxes f(consumption, savings or investment purposes) is the disposable income.
Pranshu Author
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#3
2 years ago
Here's a trip through Macro theory. What is the Phillips Curve (put this in your own words)? explain the following quote about the Phillips Curve:
“As for the Phillips curve… most arguments today center around whether it’s dead or just gravely ill. Either way, the relationship between unemployment and inflation has become very difficult to spot.”
—San Francisco Fed President Mary Daly
Pranshu Author
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#4
2 years ago
Hey
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