Question

The U.S. is surprisingly near the_________________________of the list in income inequality

A) Top
B) Bottom
C) Middle
D) None of the above

Answer 1

The U.S. is surprisingly near the top of the list in income inequality compared to other countries.

Step-by-step explanation:

The U.S. economy has a relatively high degree of income inequality by global standards. According to various national surveys, the U.S. has greater income inequality than Germany and most Western European countries.

However, the level of inequality in the United States is lower than in some low-income countries like China and Nigeria, as well as some middle-income countries like the Russian Federation. Overall, the U.S. is surprisingly near the top of the list in terms of income inequality.