🎴 Flashcard Mode
The 0.01% Rule
Card1 / 5
Mastered0
Review0
QuestionClick to flip
What is the 0.01% rule?
AnswerClick to flip back
A
The top 0.01% of earners in a society receive a disproportionately large share of the total income.
💡 Explanation:
The 0.01% rule is a term used to describe the fact that the top 0.01% of earners in a society receive a disproportionately large share of the total income. This means that a very small number of people are earning a very large amount of money, while the majority of people are earning much less.