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I will be happy to answer questions related to applied economics. i.e. economics applied to small businesses and on our day to day existence.

Experience in the area

over 25 years of experience in economics, both as an academic and in the field.


Masters in Economics, Masters in Public Administration

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Claude09/22/16101010Thank you
Prashant S Akerkar 09/02/16101010Dear Pallas Thanks. Prashant
Prashant S Akerkar 08/08/16101010Dear Pallas Thanks. Prashant
Prashant S Akerkar 08/01/16101010Dear Pallas Thanks. Prashant

Recent Answers from Pallas21

2017-03-06 Real pay:

Thank you for your query.  Payroll taxes vary from state to state.  Some have a ceiling, after which amount is reached, there are no more contributions for the year. Others kick in after the salary reaches

2016-12-20 Minimum Wage:

If you increase all wages by the same percentage the minimum wage went up, you may befueling inflation with a cost push. Indeed, supply and demand, if left to adjust to the new minimum wage, may end up

2016-12-19 Minimum Wage:

No, it will certainly raise everybody's who is making minimum wage and will be upped to the new minimum wage.  Not all wages will go up.  However, people may ask for a raise if someone with fewer qualifications

2016-12-19 Minimum Wage:

Thank you for your query. When minimum wage goes up, everybody making minimum wage sees his/her wages go up, thus, the impact on the cost of services and goods offered by each company, which goes up, and

2016-12-10 Curious:

Found this link easy reading for your first question:  I do not understand your second question, unless you are


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