Question: In this analysis I am asking you to consider a form of redistribution that is increasingly discussed, namely basic income. Using data from www.census.gov: a.
In this analysis I am asking you to consider a form of redistribution that is increasingly discussed, namely basic income.
Using data from www.census.gov:
a. What was median annual household income in the US in 2019?
b. What was the average size of a household in 2019?
c. And using the information from the Social Security Administration (https://www.ssa.gov/news/press/factsheets/basicfact-alt.pdf), what is the annual Social Security benefit of a retired worker?
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