Which of the following explains the rise in income inequality from 1970 to 2005?
A) An increase in minimum wages.
B) An increase in the demand for skilled labor.
C) An increase in the demand for unskilled labor.
D) Reduced international trade with low-wage countries.
Correct Answer:
Verified
Q22: Table 20-1
The following table shows the distribution
Q25: Table 20-1
The following table shows the distribution
Q28: Table 20-3
The Distribution of Income in Hapland
Q47: On average,the distribution of income tends to
Q87: The country that has the highest degree
Q88: Table 20-2
Percentage of Before-Tax Income Received by
Q90: Which of the following does not explain
Q91: The 2005 U.S.distribution of income shows that
Q96: The country that has the most income
Q240: If income were equally distributed among households,
A)each
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents