Millennials have preferences for consumption that differ significantly from those of earlier generations because: (a) they are anti-materialists and want less stuff. (b) they are less well-off than members of earlier generations were when they were young. (c) they have lower earnings, fewer assets, and less wealth. (d) answer choices (b) and (c) are correct…. Read more »
Posts Tagged: Cost of living
What’s a San Francisco restaurant without labor? Closed…..
According to the Guardian, even hiking the minimum wage to $15 an hour and requiring health benefits, as San Francisco has done, hasn’t been enough to maintain a healthy heartbeat in the restaurant industry labor market, because the median price for a San Francisco rental is $4,550. Questions: 1. In the article, Gwyneth Borden, executive… Read more »
Cheap Rent in San Francisco
According to the Washington Post, Peter Berkowitz and his roommates came up with an innovative way to find affordable housing in San Francisco. Questions: 1. Why is the cost of living so high in San Francisco? 2. What are some of the other housing alternatives mentioned in the article? 3. How does the median rent… Read more »