Page 112 - Economics
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CONFIRMING PAGES





                                                                                                                 CHAPTER 4
                                                                                                                          83
                                                                                            The U.S. Economy: Private and Public Sectors
                     Web-Based Questions
                      1.  PERSONAL  DISTRIBUTION  OF  INCOME—WHAT  IS         Bureau site, www.census.gov/govs/www/state.html, and
                        THE  TREND? Visit the U.S. Census Bureau Web site at   find the table that ranks the states by tax revenue and expen-
                        www.census.gov/hhes/income/midclass/index.html and   ditures per capita for the latest year. Where does your home
                        select Data Highlights. Since 1970, how has the share of   state rank in each category? Where does the state in which
                        aggregate household income received by the lowest and   you are attending college, if different, rank? Speculate as to
                        highest income quintiles (fifths) changed?          why a large gap separates the high-ranking and low-ranking
                      2.  STATE  TAXES  AND  EXPENDITURES  PER  CAPITA—     states.
                        WHERE  DOES  YOUR  STATE  RANK? Go to the Census






































































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