Examine what has been happening to the degree of inequality in the distribution of income in the United States over rece

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Examine what has been happening to the degree of inequality inthe distribution of income in the United States over recentdecades. Has the distribution become more or less equal? Analyzeand present what you believe some of the reasons are for thistrend.
One way to examine the distribution of income is to use a methodcalled "The Lorenz Curve" and the related "Gini Coefficient". Aspart of this assignment, conduct your own research on what theLorenz Curve is and how it can illustrate the degree of inequalityin the distribution of income.
What is the Gini Coefficient? What does it mean to compare GiniCoefficients across different nations, or across different periodsin time for one nation? What does a Gini Coefficient close to 1indicate? What does a Gini Coefficient close to 0indicate?
Please cite the sources of information you used in yourresearch, and submit your findings in a Word document fileupload.