1. Government transfer and tax policies increase the income share of the lowest quintile of the income distribution from about                    percent to about                     percent. 2. The...

1. Government transfer and tax policies increase the income share of the lowest quintile of the income distribution from about
 percent to about
 percent.

2. The college premium is defined as the percentage difference between the incomes of and

. It is currently about percent.

3. Arrows up or down: Since 1970, the income share of the top fifth of the income distribution has ,

  while the shares of the lowest and middle fifths have
 .

4. Arrows up or down: An important factor in growing inequality over the last 30 years is technological change that has
the demand for college graduates and
  the demand for lesseducated workers.

5. The average immigrant has
 (less/more) education than the average native, so immigration
 (increases/decreases) the wages of
 (low/high) skill natives. (Related to Application 4 on page 718.)

6. The immigration of low-skill workers generates net benefits for
 workers because they benefit from lower
 without bearing the cost associated with lower                    .
(Related to Application 4 on page 718.)