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Author Question: Which of the following statements best describes the wealth distribution in the world? a. The ... (Read 34 times)

naturalchemist

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on: Jul 2, 2018
Which of the following statements best describes the wealth distribution in the world?
 
  a. The richest half of the population owns half of the wealth.
 b. The richest one percent owns approximately half of the world's wealth.
 c. It takes 1 million dollars to count among the wealthiest half of the world's population.
 d. We have no way of knowing how wealth is distributed in the world.

Question 2

Which term refers to the total assets of an individual or household minus liabilities?
 
  a. Income
 b. Gross income per capita
 c. Standard of living
 d. Wealth


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joshraies

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Reply #1 on: Jul 2, 2018
Answer to Question 1

b

Answer to Question 2

d


naturalchemist

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Reply #2 on: Jul 2, 2018
Thank you :)


joshraies

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Reply #3 on: Jul 2, 2018
Happy to help you


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