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: 15

Answer

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Work Step by Step

The difference between the average wealth and the median wealth is increasing in the United States as time goes forward. This suggests that the income disparity between the most wealthy and the most poor is increasing as well.
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