If the Same Level of Inequality That Existed 35 Years

question 92

Multiple Choice

If the same level of inequality that existed 35 years ago still existed today,the after-tax income:

• A) of the top 5% would be about $100,000 lower than it actually is now
• B) of the top 5% would be about $100,000 higher than it actually is now
• C) of the middle 20% would be about $20,000 lower than it actually is now
• D) of the middle 20% would be about $20,000 higher than it actually is now
• E) inequality did not change

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Definitions:

Team Performance

The efficiency and success of a group of individuals working together towards a common goal, measured by various metrics depending on the context.

Power Distance

A cultural dimension that refers to the extent to which less powerful members of institutions and organizations expect and accept power to be distributed unequally.

Generational Differences

Variations in attitudes, behaviors, expectations, and habits among individuals from different age groups, often causing misunderstandings or conflicts in the workplace.

Cultural Difference

The variety of behaviors, beliefs, values, and patterns that distinguish one society or group of people from another.