Question

Measuring economic inequality involves comparing those with ________________.

A)

high incomes and those below the poverty line

B)

high incomes and those with low incomes

C)

high incomes middle incomes, and low incomes

D)

high incomes and those near the poverty line

Answer 1

Measuring economic inequality involves comparing those with high incomes middle incomes, and low incomes. The inequality is taken into account when comaparing the population with higher income with those of middle income and lower income. The inequality is said to be high when less percentage of people are in possession of greater percentage of income of the country and a larger portion or percentage of population is with proportionately lesser percentage of income of the nation.

The correct option should be C.