Which of the Following Statements Is True

question 62

Multiple Choice

Which of the following statements is true?

• A)Developed countries have higher income inequality than developing countries.
• B)A relatively low inequality of income in a country indicates that the per capita income of the country is also low.
• C)A majority of income inequality in the world reflects differences in living standards among countries rather than disparities within nations
• D)A majority of income inequality in the world reflects differences in living standards within countries rather than disparities among nations.
• E)A relatively high inequality of income in a country indicates that the per capita income of the country is also high.