TOPIC 8: Income Distribution and Poverty
Required Readings:
- Hall & Lieberman, Chapters 11-12
- The Wall Street Journal
STUDY QUESTIONS FOR TOPIC 8:
- What is income?
- What determines the distribution of income in society?
- What determines your value to your employer?
- Why are some employees paid more than others?
- What is poverty? What causes poverty? Does the United States have a poverty problem?
- What can be done to eliminate poverty? Is it even possible to eliminate poverty?
- What is labor market discrimination?
