Since 1980, the difference between the earnings of college graduates and high school graduates has
A) fallen, thereby increasing income inequality.
B) increased, thereby increasing income inequality.
C) remained constant.
D) increased, thereby decreasing income inequality.
Correct Answer:
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A)Income is
A)is a stock concept.
B)consists of accumulated assets.
C)is
A)is a flow concept.
B)refers to accumulated financial