How has the distribution of income in the united states changed over the last 20 years?
a. it has become more equal.
b. it has become less equal.
c. it became more equal for about 10 years but has become less equal.
d. it has not changed appreciably?

The correct answer to this question is:

b. it has become less equal.

Since 1970, the income inequality in the United States has increased significantly. This means that the income share of households receiving higher income has increased extensively, while those receiving lower income has decreased in effect. This can be attributed to a lot factors which includes the decline in labor unions, global workers competition, immigration of less-educated workers, and differences in policy, politics and race.

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23

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