Would you classify the following situation as "inequality of outcome" or "inequality of opportunity"?Professor Raj Chetty has found that children whose parents are in the top 1% of income are 5 times more likely to be accepted to elite universities than other students with similar test scores.Choice 1 of 2:inequality of outcomeChoice 2 of 2:inequality of opportunity

Would you classify the following situation as "inequality of outcome" or "inequality of opportunity"?Economics majors earn more than history majors after college.Choice 1 of 2:inequality of outcomeChoice 2 of 2:inequality of opportunity

ountries with higher rates of economic inequality tend to have:Group of answer choiceshigher rates of imprisonment/incarceration.lower rates of finishing basic education (high school equivalent).shorter life expectancies.all of the above.

Compared with equality of outcome, equality of opportunity requires a comparatively _________ level of government activity.Group of answer choiceslowhighmore intrusiveequalunequal

As students, children from richer or poorer backgrounds have the same potential.Select one:TrueFalse

Each one of the following inequalities would be considered just by luck egalitarianism EXCEPT:1)  entrepreneurs who invest more time and effort into their ventures earn a higher profit than those who don't in the same market conditions.2)  professional athletes who consistently train harder and perform better secure more endorsements than their less committed peers.3)  authors who spend years researching and writing quality books receive more royalties compared to those who quickly produce low-quality work.4)  students who attend extra classes by choice due to opportunity and score better in exams get admission to top-tier universities, while others don't.