The Richest One Percent of the World's Population Today Earns

question 8

Multiple Choice

The richest one percent of the world's population today earns as much as what percentage of the world population?

• A) 11 percent
• B) 33 percent
• C) 66 percent
• D) 99 percent

---

Definitions:

Common Shares

Equity investments that represent a unit of ownership in a corporation and give shareholders voting rights and dividends.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set, giving more weight to some numbers than others.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the company's balance sheet.

Balance Sheet

A financial statement that provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and equity.