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This paper will have details on how a country can measure income inequality. The paper will have details about how unemployment and economic growth effect of income inequality on the U. S. economy; guesstimate the gap of degree holder and those that do not. Gaps …Read more
Economic indicators are pieces of economic data, usually on a macroeconomic level, that help analyze an economy’s well-being. All economic indicators impact not only the economy, but the individuals in the society as well. These indicators may cause decreases in economic growth, negative effects on …Read more
Studies on the relationship between income inequality and Growth initiated from the pioneering research by Simon Kuznets (1955) where deliberated economic growth and income inequality and came up with a hypothesis that is currently called as the Kuznets hypothesis or the inverted U-Curve. The Kuznets …Read more
Another debate is increasing wages (decreasing income inequality) inside and across countries. This question is very controversial, because different sources argue entirely opposite positions and give utterly different empirical evidences and statistics: globalisation allies insist on rising income equality, while critics of globalisation claim rising …Read more
Currently there are many problems and flaws with the way the Canadian government’s policies deal with healthcare, income inequality and poverty. Time to time changes in policies have been made, perhaps to improve these issues, however, the gap between rich and poor keeps increasing and …Read more