Single Answer MCQ
Q-00045285

If a country has an average income of $10,000 but significant income inequality, how might quality of life vary?

1

Everyone enjoys a high standard of living

2

Most citizens are quite poor

3

Quality of life is uniformly high

4

Income does not affect quality of life

Answer and Solution

Answer

B. Most citizens are quite poor

Solution:

In such a scenario, while the average income is high, most citizens may still be quite poor if wealth is concentrated in the hands of a few, leading to disparities in the quality of life.

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