One economist has observed that by age 20, the cognitive and noncognitive skills of people are set in such a way that those who are not good at learning new skills or concepts cannot be helped much by education or training programs. Assuming this observation is true, use economic theory to analyze its implications for the issue of earnings inequality in the world today.<\/p>
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<\/p>", "transcribed_text": "", "related_book": { "title": "International Marketing And Export Management", "isbn": "1292016922, 978-1292016924", "edition": "8th Edition", "authors": "Gerald Albaum , Alexander Josiassen , Edwin Duerr", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/652ce9c2c4de0_70261.jpg", "uri": "\/textbooks\/international-marketing-and-export-management-8th-edition-9781292016924", "see_more_uri": "" }, "free_related_book": { "isbn": "0312931301", "uri": "\/textbooks\/young-bleys-1st-edition-9780312931308-9781627934879-95199", "name": "Young Bleys", "edition": "" }, "question_posted": "2024-06-13 04:05:47", "see_more_questions_link": "\/study-help\/questions\/business-accounting-2024-September-21", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/assume-the-real-return-in-the-economy-is-4-percent", "description": "Assume the real return in the economy is 4 percent. 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