The 80/20 Rule Holds That ________

question 88

Multiple Choice

The 80/20 rule holds that ________.

• A) small inputs result in small outputs
• B) small inputs often result in large outputs
• C) large inputs often result in large outputs
• D) inputs are completely unrelated to outputs

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Definitions:

Poverty Rate

The percentage of the population living below the national poverty line, indicating the proportion of people with income insufficient to meet basic needs.

Income Distribution

The way in which a nation’s total earnings are divided among its population.

Bill Gates

An American business magnate, software developer, and philanthropist known for co-founding Microsoft Corporation, one of the world's most valuable technology companies.

Warren Buffett

An American investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway, known for his successful investment strategies and one of the richest people in the world.