QUESTION 3 Which explains how the relative growth of the financial sector in the US has increased the unequal distribution of US incomes? O The financial sector has been slow to automate low-skilled jobs such as custodians O The financial sector hires both men and women more equally than before. O The financial sector's jobs are less unionized. The financial sector hires relatively more highly educated workers.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 29P: The prime interest rate is the rate that banks charge their best customers. Based on the nominal...
icon
Related questions
Question
QUESTION 3
Which explains how the relative growth of the financial sector in the US has increased the unequal distribution of US incomes?
O The financial sector has been slow to automate low-skilled jobs such as custodians
O The financial sector hires both men and women more equally than before.
O The financial sector's jobs are less unionized.
O The financial sector hires relatively more highly educated workers.
Transcribed Image Text:QUESTION 3 Which explains how the relative growth of the financial sector in the US has increased the unequal distribution of US incomes? O The financial sector has been slow to automate low-skilled jobs such as custodians O The financial sector hires both men and women more equally than before. O The financial sector's jobs are less unionized. O The financial sector hires relatively more highly educated workers.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Discounting Payment Streams
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Brief Principles of Macroeconomics (MindTap Cours…
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
ECON MACRO
ECON MACRO
Economics
ISBN:
9781337000529
Author:
William A. McEachern
Publisher:
Cengage Learning
Macroeconomics: Private and Public Choice (MindTa…
Macroeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506756
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Economics: Private and Public Choice (MindTap Cou…
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning