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c. Be prepared to discuss several features of this data in class. 0 In class we argued that the wages should grow at a similar

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c. Be prepared to discuss several features of this data in class. 0 In class we argued that the wages should grow at a similar rate as GDP. (Do you remember why?) Is the data consistent with this idea? 0 We also argued that all labor earnings relative to GDP should be a constant fraction, 1 -- or. (Again. do you remember why?) Is the data consistent with this idea? 0 There are broad concerns about changes in the nature of income inequality. Do your findings speak to this

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