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Author Question: How has the distribution of income changed in the past few decades? What will be an ideal ... (Read 122 times)

jeatrice

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on: Jun 29, 2018
How has the distribution of income changed in the past few decades?
 
  What will be an ideal response?

Question 2

The Buy American provision in the 2009 stimulus package required that stimulus money be spent only on U.S.-made goods, effectively acting as a quota of zero imports when stimulus money was being spent. For the U.S.
 
  steel industry, a Buy American provision would create gains for all of the following except
  A) U.S. steel workers. B) U.S. taxpayers.
  C) U.S. steel companies. D) All of the above would gain from the provision.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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gasdhashg

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Reply #1 on: Jun 29, 2018
Answer to Question 1

From 1970 economic inequality in the United States has increased. The share of income received by the richest quintile (20 percent) of the population has increased and this is the major change in the distribution of income.

Answer to Question 2

B


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