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-Which of the Following Statements Is Correct

Question 11

Multiple Choice

$-Which of the following statements is correct? A) Wealth inequality in Australia is greater than income inequality. B) Income inequality in Australia is greater than wealth inequality. C) The fraction of wealth owned by the bottom 20 per cent of households is larger than the fraction income earned by the bottom 20 per cent of households. D) Income includes all the things owned by a household at a certain point in time. E) The top fifth of households have a greater share of the nation's income than the nation's wealth.$
-Which of the following statements is correct?

A) Wealth inequality in Australia is greater than income inequality.
B) Income inequality in Australia is greater than wealth inequality.
C) The fraction of wealth owned by the bottom 20 per cent of households is larger than the fraction income earned by the bottom 20 per cent of households.
D) Income includes all the things owned by a household at a certain point in time.
E) The top fifth of households have a greater share of the nation's income than the nation's wealth.

Correct Answer: