The data on world inequality clearly indicates that:
a. the gap between rich and poor nations is closing
b. China's per capita income is declining compared to poor nations
c. India's per capita income is declining compared to poor nations
d. the gap between rich and poor nations is increasing
e. None of the above reflect the data
d. the gap between rich and poor nations is increasing
You might also like to view...
Jorge has a beer or a glass of wine with dinner from time to time because these drinks taste good with the food and make him feel relaxed. His behavior illustrates which reason for using drugs (in this case, alcohol)?
A. recreational B. therapeutic C. spiritual or psychological D. escape
Young people establishing relationships today:
a. tend to follow the pre-established norms of dating. b. have replaced the process of dating with hooking up. c. have no desire for long-term relationships. d. get involved sexually without concern about the stigma of a bad reputation.
George Homans, founder of exchange theory, was interested in ______.
a. large scale social structures b. cost-benefit behaviorism c. consciousness d. social institutions
Answer the following statement(s) true (T) or false (F)
1. Most Americans can expect, at best, a modest inheritance. 2. Transfer payments and noncash benefits raise the living standard of poorer households and dramatically alter the overall structure of economic inequality. 3. Most families hold adequate wealth to support themselves if they missed 3–6 months of paychecks. 4. One year’s wages, interest, and dividends are examples of wealth.