Among the following high-income nations, __________ generally stands out as having greater income inequality.A.Great BritainB.the United StatesC.SwedenD.Japan
Question
Among the following high-income nations, __________ generally stands out as having greater income inequality.
A. Great Britain
B. the United States
C. Sweden
D. Japan
Solution
The answer is B. the United States.
Here's why:
Step 1: Understanding the question The question is asking which of the listed high-income countries has the greatest income inequality.
Step 2: Defining income inequality Income inequality refers to the disparity in income distribution among a population. The greater the income inequality, the larger the gap between the rich and the poor.
Step 3: Comparing income inequality in the listed countries Among the countries listed (Great Britain, the United States, Sweden, and Japan), the United States generally has the greatest income inequality. This is based on data from sources such as the World Bank and the Organisation for Economic Co-operation and Development (OECD), which often use the Gini coefficient as a measure of income inequality.
Step 4: Conclusion Therefore, among the high-income nations listed, the United States generally stands out as having greater income inequality.
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