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Author Question: With regard to the issue of income distribution, what phenomenon is referred to as theGreat Compression? (Read 157 times)

joe3899

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on: Oct 12, 2022
With regard to the issue of income distribution, what phenomenon is referred to as the Great Compression?
◦ Income between rich and poor countries has become less equal in the past two decades.
◦ The declining influence of unions has reduced wage growth of manufacturing workers.
◦ Per capita incomes across industries have become more equal in Canada.
◦ In the years since the financial crisis of 2008-2009, income shares of the lowest 40% of income earners were reduced.
◦ Between 1945 and 1980, Canadian incomes were becoming more equally distributed than in previous decades.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by joe3899 on Oct 12, 2022

Tussalpain

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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joe3899

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Reply 2 on: Oct 12, 2022
:D TYSM

mohan

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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