The Richest 1/10 of 1% of Americans Are How Many

question 30

Multiple Choice

The richest 1/10 of 1% of Americans are how many times richer than the poorest 90%?

• A) 100
• B) 10
• C) 25
• D) 0
• E) 50

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Definitions:

Variable Costs

Expenses that vary directly with the amount of output or business operations.

Workers

Individuals engaged in a professional or labor activity to earn wages or salaries.

Average Total Costs

The total cost of production divided by the number of units produced, representing the average cost per unit.

Physical Capital

Tangible assets used in the production of goods and services, such as machinery, buildings, and equipment.