According to the analysis and data presented in class, the following are facts and possible reasons for economic inequality in USA within the last few decades, EXCEPT: Question 5 options: The USA has experiences within the last decades continuous increase in Economic Inequality, with special oncentration at the very top 1%. Part of this inequality is is the increasing wage gaps between the skilled vs low skilled workers. High skilled workers are earning more in relative terms in part due to an increase in demand for high skilled labor. Salaries for average wage earners have increased in proportion to their real productivity.

The answer is - Salaries for average wage earners have increased in proportion to their real…

Answered: According to the analysis and data…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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According to the analysis and data presented in class, the following are facts and possible reasons for economic inequality in USA within the last few decades, EXCEPT:

Question 5 options:

	The USA has experiences within the last decades continuous increase in Economic Inequality, with special oncentration at the very top 1%.
	Part of this inequality is is the increasing wage gaps between the skilled vs low skilled workers.
	High skilled workers are earning more in relative terms in part due to an increase in demand for high skilled labor.
	Salaries for average wage earners have increased in proportion to their real productivity.

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