Microeconomics

QUESTION 1 eLearning Help What is the greatest cause of income inequality in the United States today? Da the Minimum Wage Oh Labor Unions OC. Differences in abilities, mostly mental abilities. People who are more intelligent earn more than people who are less intelligent Od Differences in phsical strength. People who are physically stronger earn much more than people who are physically weaker. QUESTION 2 Are single parents more likely to be poor than married couples? Ca. There is no difference in the poverty levels to single parents and married couples, Being a single parent does not change anything related to economics. Do. No, single parents are not more likely to be poor than married couples. OC Married couples are much more likely to be poor than single parents. Od.Yes, single parents are much more likely to be poor than married couples. QUESTION 3 South Africa has a high minimum wage. Because of that high minimum wage, what? ON South Africa has the lowest income inequality in the world. They are more equal than anywher else. Ob Income inequality in South Africa is very simmilar to income inequality in the United States Of Because of the high minimum wage, almost all young people in South Africa have high-paying jobs. Od South Africa has the highest income inequality in the world. They are less equal than any other country. QUESTION 4 Nobody knows the future with certainty, but it seems very probable that income inequality will increase. Why? Oa because people in the United States are more racist than they used to be Ob because technology is advancing so that people who are not smart enough to use technology will be unable to get jobs Of because more women are working than in the past Od because Donald Trump will win the election for President in 2024 QUESTION 5 is it true that if college becomes free, then every American will receive an excellent college education? True False