Question: Suppose the U.S. government is considering changes in economic and social policy to reduce wage inequality.
Evaluate whether the following will help:
(a) Decrease the benefit level to welfare recipients.
(b) Increase the benefit level paid to welfare recipients.
(c) Provide wage subsidies to firms that hire the less-advantaged.
(d) Initiate a federal training program the raises the skills of poor individuals.
(e) Pass a law mandating that all workers must be paid a "living wage," which means that all wages must be sufficient to support a family of four financially.