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Core Econ Quiz 1.1 - Income Inequality

Quiz by Mika'il Saadiq

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6 questions
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  • Q1
    A handy measure of inequality in a country is called
    racial deficit
    too bad for you
    the 90/10 ratio
    the haves and the havenots
  • Q2
    The 90/10 ration explains
    why people starve
    the average income of the richest 10% divided by the average income of the poorest 10%.
    the guns to butter ratio
    the average of top 10% of employed persons divided by the average of total unemployed persons
  • Q3
    The wider the gap between the richest and poorest in a country produces
    10/90 ratio
    a lower ratio number
    a balanced ratio number
    a higher ratio number
  • Q4
    The United States has a 90/10 ratio of
  • Q5
    The average income in Norway is
    19 times the average income in Nigeria
    made by selling bitcoins
    19 times the average income in the US
  • Q6
    How does the text suggest the vast differences in income between the countries of the world today came about?
    Users enter free text
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