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If you subscribed to Durlauf's Membership Theory of income inequality, then which of the following steps would be very important for a person to increase
If you subscribed to Durlauf's Membership Theory of income inequality, then which of the following steps would be very important for a person to increase their income? A) Attend a really good University where you network with affluent peers and business leaders. B) Invest in K (capital), because the return on capital is higher than the growth rate of the economy. C) Move from the struggling inner city to the suburbs. D) Actually, you don't have to do anything. Just keep on working hard. The returns to your labor will naturally start to increase. E) A and C
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