high rates of poverty. Hint: Look at the Clear It Up "How do governments measure poverty in low-income

countries?" and compare to Table 15.5.

37. The demand for skilled workers in the United States has been increasing. To increase the supply of skilled

workers, many argue that immigration reform to allow more skilled labor into the United States is needed.

Explain whether you agree or disagree.

38. Explain a situation using the supply and demand for skilled labor in which the increased number of

college graduates leads to depressed wages. Given the rising cost of going to college, explain why a college

education will or will not increase income inequality.

39. What do you think is more important to focus on when considering inequality: income inequality or

wealth inequality?

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15 • Problems 385

40. To reduce income inequality, should the marginal tax rates on the top 1% be increased?
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