In which of the following countries would an economist describe income inequality as being greatest?
A) Half of the country's citizens earn $50,000 per year, and half earn $10,000 per year.
B) Half of the country's citizens earn $30,000 per year, and half earn $3,000 per year.
C) Half of the country's citizens earn $10,000 per year, and half earn $3,000 per year.
D) Half of the country's citizens earn $100,000 per year, and half earn $50,000 per year.
Correct Answer:
Verified
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