The ________ Gap in the United States Is the Highest

question 123

Multiple Choice

The ________ gap in the United States is the highest in the industrialized world.

• A) skill
• B) educational
• C) class
• D) inequality

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Definitions:

Uniqueness

Refers to the quality of being the only one of its kind; distinctiveness.

Consumer's Budget

is the total amount of income available to an individual or household to spend on goods and services or to save, after taxes.

Elastic Demand

A situation where the quantity demanded of a product changes significantly in response to changes in the product's price.

Inelastic Demand

Refers to a situation where the quantity demanded of a good or service does not significantly change when its price changes.