Author Question: According to your textbook, which best explains the fact that income inequality has increased in the ... (Read 83 times)

beccaep · **on:** Jun 29, 2018

According to your textbook, which best explains the fact that income inequality has increased in the U.S. since 1980?

A) A growing distrust of the efficacy of federal government spending programs combined with a rising concern over federal budget deficits
B) A widening gap between the wages of skilled and extensively-educated workers and the wages of those with fewer skills and less education
C) The impact of cheaply-produced and low-priced foreign imports
D) Government deregulation of business

Question 2

A double oral auction is an auction in which:

A) sellers post asks and buyers post offers one after the other.
B) sellers post asks and buyers post bids simultaneously.
C) the highest bidders post their bids at the same time.
D) bidding starts from the lowest price to the highest price.