According to the international bank Credit Suisse, people with a net worth of more than $1 million represented 0.7 percent of the global population but held ____________________ percent of the world's wealth.

Question

Quizplus · Accepted Answer

According to the information given, people with a net worth of more than $1 million represented 0.7 percent of the global population. Therefore, the remaining 99.3 percent of the global population held (100% - 0.7%) = 99.3% of the world's wealth. This means that the millionaires held 41% (i.e. 0.7% / 99.3% x 100%) of the world's wealth. So, the correct answer is D) 41.

According to the International Bank Credit Suisse, People with a Net