
ECON MACRO 5th Edition by William McEachern
Edition 5ISBN: 978-1305631946
ECON MACRO 5th Edition by William McEachern
Edition 5ISBN: 978-1305631946 Exercise 1
(Distribution of Household Income) Look at the graph below. How would you explain the shift of the U.S. income distribution in the last two decades?
Share of Aggregate Household Income by Quintile 1980-2013
Share of Aggregate Household Income by Quintile 1980-2013

Explanation
In recent decades (from 1980s onward), t...
ECON MACRO 5th Edition by William McEachern
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