solved When using the Solow Growth model for analysis, we take
When using the Solow Growth model for analysis, we take as given that increases in consumption-per-worker due to some shocks lead to higher standard of living of all. Â In other words, we look at the impact on average. Â However, not everyone benefits the say from economic growth, and hence economic inequality exists.Â
For this activity you are asked to read 1 of the articles below on economic inequality, discuss the key findings in the article, and then provide your own thoughts on the topic.
You can choose any of the following 3 articles (just pick 1 out of the 3):
6 facts about economic inequality in the U.S. https://www.pewresearch.org/fact-tank/2020/02/07/6…
What Wealth Inequality in America Looks Like: Key Facts & Figures https://www.stlouisfed.org/open-vault/2019/august/…
How wealth inequality has changed in the U.S. since the Great Recession, by race, ethnicity and income https://www.pewresearch.org/fact-tank/2017/11/01/h…