Question
c. Intergenerational inequality and inequality in earnings between members of a population are positively correlated. Discuss two reasons that may explain this positive correlation.
c. Intergenerational inequality and inequality in earnings between members of a population are positively correlated. Discuss two reasons that may explain this positive correlation. [max words: 250] (4 marks). d. "More unequal countries do better than equal countries, in terms of standard economic performance measures like GDP per capita growth." Do you agree or disagree with this statement? Discuss two reasons why you came to this conclusion. [max words: 250] (4 marks)
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Authors: Jay Bhattacharya, Timothy Hyde, Peter Tu
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