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12.4 Income inequality: measurement and causes  (Page 18/20)

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  • Card 18 / 20:
    Explain a situation using the supply and demand for skilled labor in which the increased number of college graduates leads to depressed wages. Given the rising cost of going to college, explain why a college education will or will not increase income inequality.

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Practice FlashCards 13 Key Terms 2

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Source:  OpenStax, University of houston downtown: microeconomics. OpenStax CNX. May 28, 2014 Download for free at http://legacy.cnx.org/content/col11651/1.2
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