Which of the Following Statements Is Correct

question 110

Multiple Choice

Which of the following statements is correct?

• A) Wealth inequality in the United States is greater than income inequality.
• B) Income inequality in the United States is greater than wealth inequality.
• C) Income includes all the things owned by a household at a certain point in time.
• D) The top fifth of households have a greater share of the nation's income than the nation's wealth.
• E) The fraction of wealth owned by the bottom 20 percent of households is larger than the fraction income earned by the bottom 20 percent of households.

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Definitions:

Internal Factors

Elements within an organization that can influence its operation such as company culture, employee skills, and internal processes.

External Factors

Outside influences or conditions that can affect the performance and strategies of a business, beyond its direct control.

Psychological Contract

The unwritten expectations and assumptions between employees and employers regarding the nature of their work relationship.

Contributions

The act of giving or adding to something larger, such as ideas, work, or resources, to achieve a common goal.