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The 1% Rule
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What is the 1% Rule?
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A
The top 1% of earners in a society receive a disproportionate share of the total income.
💡 Explanation:
The 1% Rule is an economic concept that states that the top 1% of earners in a society receive a disproportionate share of the total income. This means that the top 1% of earners earn a larger share of the total income than the bottom 99% of earners.