which of the following indicators will most likely increase as a result of the increase in the u.s. poverty rate? wealth mobility life expectancy income polarization employment rate
Indicators will most likely increase as a result of the increase in the u.s. poverty rate is an income polarization.
What is income polarization?
Income polarization, on the other hand, evaluates how far apart those tails are, i.e., what is the income disparity between the low- and high-income groups.
Income polarization measures the shift from the middle of the income distribution out into the tails.
The rise of income polarization—also known as the "hollowing out" of the income distribution—in the United States since the 1970s is examined in this research using a variety of micro-level datasets.
When middle-class positions, such as those held by autoworkers, which need a moderate level of abilities, seem to disappear in comparison to lower-skilled occupations at the bottom and higher-skilled jobs at the top, this phenomenon is referred to as polarization of the labor force by economists.
