If incomes rise for both low-income and high-income workers, but rise less for the high- income workers,

Question

Quizplus · Accepted Answer

When incomes rise for both low-income and high-income workers, but the increase is less for high-income workers, poverty is likely to decrease because low-income workers are earning more. Inequality will also fall because the income gap between low-income and high-income workers narrows as low-income workers see a relatively larger increase in their incomes.

If Incomes Rise for Both Low-Income and High-Income Workers, but Rise