Economics Questions

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I need a substantive response with references for each of the questions below. Thanks.

Please define the neoclassical theory of distribution as discussed in Chapter 18 of the course textbook. How does the neoclassical theory of distribution explain, for example, why computer programmers are paid more than gas station attendants? Please explain your response using the supply and demand model from Chapter 18.

Please discuss how economists measure income inequality according to Chapter 20 of the course textbook. How severe is income inequality in the U.S.? How does income inequality in our economy compare to the rest of the world?

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