What Differentiates the U

question 143

Multiple Choice

What differentiates the U.S.income inequality ratio from that found in less-developed countries?

• A) It is higher than in less-developed countries due to the large number of poor people.
• B) In less-developed countries,the inequality ratio is lower than in the United States due to the large number of rich people.
• C) In the United States,it is lower than that found in less-developed countries because the poor in the United States earn more than the poor in less-developed countries.
• D) There is no significant difference between the inequality ratios in the United States and in less-developed countries.
• E) In the United States,it is lower than in less-developed countries due to corruption.

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Definitions:

Medicare Taxes

Taxes deducted from employees' paychecks and also paid by employers to fund the Medicare program.

Unemployment Compensation

Unemployment compensation is financial support provided by the government to unemployed workers who meet certain eligibility criteria.

Social Security Tax

A payroll tax that funds the Social Security program, which provides benefits for retirees, the disabled, and children of deceased workers.

Medicare Tax Rate

The percentage of an individual's or employee's earnings that is collected by the government to fund Medicare, a federal health insurance program.