ECO 202
Module 14 - Course Objectives

 Inequality and Redistribution

19.1  Describe the inequality in income and wealth in the United States and explain why wealth inequality is greater than income inequality.

19.2  Explain how economic inequality arises.

19.3 Explain the effects of taxes, social security, and welfare programs on economic inequality.

Assessment  Method

A.  Do the Self-Test questions in your Study Guide as if they were real exam questions, which means do them without looking at the answers. 

B.  You will learn the most from right answers you had to struggle for, and from your wrong answers and mistakes.  Only after you have attempted all the questions should you look at the answers in your Study Guide. 

C.  When you check your answers, be sure to understand where you went wrong and why the right answer is correct.

Take Self-Test 19.1, and Self-Test 19.2, and Self-Test 19.3 in your Study Guide before taking Exam #3.