Labor mobility can work to make the distribution of income more equal.

Name: Labor mobility can work to make the distribution of income more equal.
Brand: Quizplus
Rating: 4.7 (43 reviews)

Question

Quizplus · Accepted Answer

When people are able to freely move to areas with better job opportunities and higher wages, it can help to reduce income inequality by creating a more level playing field for workers. This can also incentivize companies to offer better wages and benefits in order to attract and retain workers, further increasing the distribution of income.

Labor Mobility Can Work to Make the Distribution of Income