(Solved): Question 48 1 pts Suppose universal access to higher education (coupled with elimination of class pr ...

Question 48 1 pts Suppose universal access to higher education (coupled with elimination of class prejudice, à la Armstrong & Hamilton, and Chetty et al.) were somehow achieved. From the perspective of a shareholder value/cultural perspective, the ultimate effect on income inequality in the U.S. would be: Income inequality would be largely eliminated. Income inequality would come to match inequality in earnings outcomes between different tiers of schools. Income inequality would increase. Income inequality would dedine some, but much of it would remain.