Please write about the determinants of income in America In particular, please discuss What are the most important determinants of a persons income WHY are each of those determinants so important Which racial or ethnic group earns the most money and which groups earn the least Which groups obtain the highest levels of education and which groups obtain the least Which groups have the lowest illegitimacy rates and which have the highest Some people say that there is a gender pay gap between men an

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Factors identified as having affected income distribution include the level of economic development attained regional factors size of government budget and the amount of it devoted to subsidies and tr... View the full answer