Question: Answer each question in as much detail as is possible.Use graphs any time they might help illustrate your point. 3.Indicate whether each of the following

Answer each question in as much detail as is possible.Use graphs any time they might help illustrate your point.

3.Indicate whether each of the following factors was likely to be an important explanation for rising wage inequality during the 1980s, and explain why.

a. The falling real value of the minimum wage.

b. The rising share of the workforce with a college education.

c. Effects of technological change on the demand for skilled and unskilled workers.

d. Declining labor union membership.

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