Table 19-2 Source: US Census Bureau and Mankiw's Calculations

question 112

Essay

Table 19-2 Source: US Census Bureau and Mankiw's calculations
-Refer to Table 19-2. What conclusion can you draw about the changes in the gaps in earnings between skilled and unskilled workers between 1975 and 2011?

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Definitions:

Gratuities

Items or services given without charge, often as a form of gift or tip, typically in gratitude or for promotional purposes.

Police

Law enforcement officers responsible for maintaining public order, enforcing the law, and providing services to enhance community safety.

Power

The ability or capacity to exert influence or control over others or the environment.

Freedom

The power or right to act, speak, or think as one wants without hindrance or restraint.