Wage Determination and Income Inequality

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Answer the following questions using
examples and applications from the readings.  Justify your answers using
economic concepts and ideas as they apply. Each response should be between 300-400
words.  Use at least two sources other
than the textbook. 


  1. How are wages determined?  Why do some workers earn more than other
  2.  Why do income inequalities exist?  How are
    income inequalities measured? How have income inequalities changed from
    1980 to the present?


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