Most economists attribute the growing income inequality in the United States to
A)trade.
B)macroeconomic policies.
C)technological change.
D)changing values.
E)taxes.

Question

Quizplus · Accepted Answer

Most economists believe that technological change has played a major role in the growing income inequality in the United States. Specifically, advances in technology have led to increased demand for skilled workers and decreased demand for unskilled workers, leading to a widening gap in wages between these two groups. Additionally, technological change has led to the rise of the gig economy and other forms of non-traditional work, which can lead to income instability for workers. While macroeconomic policies, taxes, trade, and changing values may also play a role in income inequality, most economists believe that technological change is the primary factor.

Most Economists Attribute the Growing Income Inequality in the United