Explain why inequality is considered to be a social
Economic Inequality Sample Homework
Question: Explain why inequality is considered to be a social “bad” by many people. In what way could inequality be a social “good”?
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Explain why inequality is considered to be a social “bad” by many people. In what way could inequality be a social “good”?
Suppose you know that Canada's GDP in 1999 was $900 billion, and Canada's GDP in 1933 was $9 billion. What judgment about the change in the economic well-being of average Canadians could you make? Explain.
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Discuss factors that affect the equalization of wages across countries. To what extent to you expect to see wage differentials between the United States and other countries decline over time? Would you expect the differentials to be completely elimin
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