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Learning Assessment: In this case study, you do research on the income inequality in the US. You should reference the two articles provided on chapter 7, read chapter 12, and the material in your textbook related to this topic and one more article of your choosing. The results of this assignment should be reported in a 4-6-page, APA-formatted paper, including the following information:
1. Present a snapshot of income inequality in the USA.
2. Discuss a few factors that have contributed to income inequality in the USA for the past few decades.
3. What can be done to reverse that trend?
4. Provide an analysis of the concepts presented that demonstrates and summarizes the various factors that influence competitive markets and how these factors relate to income inequality.
Use APA format
Finally, the worker's rate of discount is 10 percent. What is the highest level of migration costs that a worker is willing to incur and still make the move?
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