What does Ramey argue needs to be the policy focus for reducing inequality in the U.S.? O Create more jobs that require lower-skilled workers O Increase skills (improve education) for people at the hottom of the income distribution O Reduce the level of international trade to give low skilled workers protections Redistribute income to people at the bottom of the income distribution

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter15: Poverty And Economic Inequality
Section: Chapter Questions
Problem 9SCQ: Using two demand and supply diagrams, one for the low-wage labor market and one for the high-wage...
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What does Ramey argue needs to be the policy focus for reducing inequality in the U.S.?
O Create more jobs that require lower-skilled workers
O Increase skills (improve education) for pEople at the bottom of the inconme distribution
O Reduce the level of international trade to give low skilled workers protections
Redistribute income to people at the bottom of the income distribution
Transcribed Image Text:What does Ramey argue needs to be the policy focus for reducing inequality in the U.S.? O Create more jobs that require lower-skilled workers O Increase skills (improve education) for pEople at the bottom of the inconme distribution O Reduce the level of international trade to give low skilled workers protections Redistribute income to people at the bottom of the income distribution
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