The Process of Globalization Has ________

question 88

Multiple Choice

The process of globalization has ________.

• A)decreased inequality
• B)increased inequality
• C)had little measurable effect on income inequality
• D)has increased income inequality in developing countries but decreased inequality in developed countries

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Definitions:

Tax Burden

The measure of taxes that an individual or business is required to pay, expressed as a percentage of income or profit.

Tax Increase

A rise in the rate at which individuals or businesses are taxed by the government.

Snickers Candy Bars

A popular brand of candy bar consisting of nougat topped with caramel and peanuts, enrobed in milk chocolate.

Falls 10%

A term indicating a decrease in a value, such as stock prices or GDP, by 10% from its previous level.