What happens to poverty and inequality if income rises for both low-income and high-income workers, but it rises less for the high-income workers?
What happens to poverty and inequality if income rises for both low-income and high-income workers, but it rises less for the high-income workers?
Chapter10: Labor Markets And Income Distribution
Section: Chapter Questions
Problem 21SQ
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What happens to poverty and inequality if income rises for both low-income and high-income workers, but it rises less for the high-income workers?
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