What differentiates the U.S. income inequality ratio from that found in less-dev
ID: 1166222 • Letter: W
Question
What differentiates the U.S. income inequality ratio from that found in less-developed countries?
It is higher than in less-developed countries due to the large number of poor people.
In less-developed countries, the inequality ratio is lower than in the United States due to the large number of rich people.
In the United States, it is lower than that found in less-developed countries because the poor in the United States earn more than the poor in less-developed countries.
There is no significant difference between the inequality ratios in the United States and in less-developed countries. In the United States, it is lower than in less-developed countries due to corruption.
Explanation / Answer
High- income inequality occurs in countries that are very poor and less developed .
This is due to the lowest income people having much less income (compared to low-income individuals in developed countries like US )
Answer : In the United States, it is lower than that found in less-developed countries because the poor in the United States earn more than the poor in less-developed countries.
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