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Recall the Application about the relationship between economic growth and income inequality to answer
the following question(s) . In the United States, inequality-as measured by the income share of the top 10
percent of families-increased from 40 percent at the beginning of the 1920s to 45 percent through the end
of the Great Depression. The share fell to 32 percent by 1944 and did not begin to increase again until the
early 1970s.
-According to this Application, compared to pre-war levels of inequality, wage and price controls during World War II decreased differentials in wages and salaries, and thereby _______ inequality.
Mnemonist
An individual with the ability to remember vast amounts of information, sometimes with the help of advanced mnemonic techniques.
Hypnotist
A practitioner who induces a state of consciousness in a person in which they purportedly lose the power of voluntary action and become highly responsive to suggestion or direction.
Plausible
An adjective describing something that appears to be reasonable or probable, making it worthy of belief or acceptance.
Hypnosis
is a trance-like state of focused attention and enhanced suggestibility, often used for therapeutic purposes to access subconscious thoughts and behaviors.
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