Describe what market demand and supply measure


Assignment Purpose:

This assignment is intended to assess your ability to do the following:

Describe how (un)equal incomes are distributed.

Describe what market demand and supply measure and what makes them shift.

Overview:

Review the section of your text that covers income inequality. In addition, find and read two recent articles on income inequality in the U.S. Write a 500-750 word (approximately 2 to 3 page) paper that addresses these questions:

How has income inequality changed over time in the U.S.?

What are some of the contributing factors to this change?

Support your conclusions with the findings from the articles and the textbook as well as any other sources you would like to use. Format the paper according to General APA Guidelines.

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Microeconomics: Describe what market demand and supply measure
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