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 or why not a college education will increase income inequality.

Can affirmative action policies use quotas? What are the political and economic beliefs of Thomas Sowell (b.1930), one of the most prominent black conservatives of the 1980s and 1990s? Was the response of members of the Congressional Black Caucus to the results of the presidential election in 2000? What would HR 40, proposed by Representative John Conyers (b. 1929) create if enacted into law? What is the economic reason rap music circulates more profitably than other dimensions of hip-hop culture?

You have already saved $55. You earn $9 per hour at your job. You are saving for a bicycle that costs $199. Which inequality represents the possible numbers of hours you need to work to buy the bicycle?

What are the pros and cons of a universal basic income (UBI) as an approach to fighting poverty? Where has UBI worked, and where do you think it has not? Have measures taken to deal with coronavirus changed perceptions of UBI?

Why do you think there has been movement toward greater income equality during the 1929 to 1970 period, but movement toward greater income inequality since the 1970s (suggest some causes).

Discuss the concept of the “optimal amount of inequality.” What are some of the practical problems in determining how much inequality really is optimal?

What factors contribute to wage inequality in the labor market?

Poverty is measured by the number of people who fall below a certain level of income—called the poverty line—that defines the income one needs for a basic standard of living. The official definition of the poverty line traces back to Group of answer choices A)The Great Depression B)Mollie Orshansky, whose idea was to define a poverty line based on the cost of a healthy diet. C)1953 and the ability to pay for housing and food. D)The 1965 cost of providing food, housing, and transportation.

Make a case for income inequality

Name two factors that explain a decrease in the use of incarceration?