Write a paper Desсrіption of the State of the U.S. Income Inequality. Submit to me a brief sketch of your term paper (one page) addressing the two parts of what you are supposed to be presenting in the final paper. In your submission, should include four academic journal references and how the references will be used in the body of the paper Please follow APA formatting for this exercise. Your paper should consist of a desсrіption of both your part I and part II – please ensure that you integrate your research references into your introductory portion of this assignment. Your references should be cited on a separate page. A reference page is one thing, however, whatever appears in the reference page must be included in the introductory part of the paper. Part I: Desсrіption of the State of the U.S. Income Inequality Describe the state of the U.S. Economy Income Inequality for the years between 2015 and 2016 in terms of microeconomic measures discussed in the course. Use census data (for Table 1. Income and Earnings Summary Measures by Selected Characteristics: 2015 and 2016 located at https://census.gov/data/tables/2017/demo/income-poverty/p60-259.html Part II: Analysis of Economic Policies 1.In your analysis of the macroeconomic data, you will notice that the U.S. economy passed through a major recession. Based on research, discuss the underlying causes of the income inequality in the US. Identify at least three policies implemented by the government to deal with income inequality in the US. 2.Evaluate the expected and actual effects of each policy. Your response needs to include the name of the policy, desсrіption of the policy, how it has been implemented, and discussion of expected and actual outcomes in terms of the income inequality data given above. 3.After close observation of the different perspectives discussed in the course, share your position on the effectiveness of the government policies to deal with income inequality in the country. 4.As part of the economy, each of us is affected by the state of the economy and the actions policy makers take to stabilize or advance it. Conclude by sharing why understanding these actions and outcomes matter to you as an individual who is part of the economic system. How do they affect the society/economy? What could be done differently? Share personal examples and experiences
