education and income inequality.docx ECO204 Education and Income Inequality Ashford Uni

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education and income inequality.docx ECO204 Education and Income Inequality Ashford University ECO204: Principles of Microeconomics Introduction Do you need a college degree to earn more money i... n the long run? The short answer is yes, and without a college degree you may be giving up far more money than you think. Workers with only a high school diploma will earn substantially less over their lifetimes and will have higher unemployment rates than those with college degrees. This is even more true today than it has been in the past. In this paper I will evaluate the income inequality of workers with and without college degrees and show how having a college degree is more financially beneficial than a high school diploma. How a country can measure its income inequality. Income inequality can me measured in multiple ways. The Lorenz curve is just one of the ways to measure income inequality. A Lorenz curve is represent. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]

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