Education and Income Inequality

Read Steven Strauss’ article, and address the following based on the information presented in the article and other research:Please use the textbook Amacher, R. and Pate, J. (2019). Principles of microeconomics (2nd ed.). also as one of the scholarly sources. Be sure to use in-text citations for each resource you use and for every fact the you include from the resources.Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.Describe how a country can measure its income inequality.Evaluate the effect of income inequality on the U.S. economy, such as unemployment, economic growth, and other economic factors.Estimate the gap between those who hold bachelor’s and higher (master or doctoral) degrees and those who do not.Explain reasons why the inequality gap between educated and less-educated workers has been widening.Evaluate whether increasing opportunities for higher education can reduce income inequality.Analyze what else causes U.S. income inequality to widen.Recommend how to reduce educationally based income inequality or other factors if you were a federal policy maker.