This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements best describes the wealth distribution in the world? a. The ... (Read 83 times)

naturalchemist

  • Hero Member
  • *****
  • Posts: 542
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joshraies

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

b

Answer to Question 2

d





 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

For a complete list of videos, visit our video library