Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 21 - Income Inequality, Poverty, and Discrimination - Discussion Questions: 1

Answer

The answer is below.

Work Step by Step

There is a large income gap in the United States. This is seen every year in the Presidential elections, for there is typically at least one candidate who vows to attack the 1% of the wealthiest people, who have the vast majority of the wealth.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.