The public policy implication of Goldin and Katz's analysis of growing income inequality is that rever require that more of society's resources be put into:
A)space exploration.
B)capitalexpenditures
C)education.
D)transfer payments.

Question

Quizplus · Accepted Answer

Goldin and Katz's analysis shows that education is a key factor in reducing income inequality. Therefore, public policy should focus on increasing investment in education to provide equal opportunities for all individuals to acquire the skills and education necessary to succeed in the labor market. This includes increasing access to high-quality early childhood education, improving K-12 education, expanding access to higher education, and investing in workforce training and development programs.

The Public Policy Implication of Goldin and Katz's Analysis of Growing