Imagine an economy with only two types of workers, unskilled (u) and skilled (s). The supply curves of these workers are, respectively, LSU = 20wu - 10 and LSS = 20ws - 60. Initially, labor demand curves are LDU = 170 - 10wu and LDS = 164 - 8ws.
At equilibrium, what are the inequality measures for this economy?
Mean = _____
80:20 Ratio = _____
80:50 Ratio = _____
50:20 Ratio = _____