Which of the following does not explain the rise in income inequality in the United States from 1970 to 2017?

Question

Quizplus · Accepted Answer

An increase in minimum wages is generally aimed at reducing income inequality by increasing the earnings of the lowest-paid workers. The other options (changes in technology, a reduction in the demand for unskilled labor, and increased international trade with low-wage countries) are factors that have contributed to the rise in income inequality by either favoring higher-skilled (and thus higher-paid) workers or by putting downward pressure on wages for lower-skilled jobs.

Which of the Following Does Not Explain the Rise in Income