The 0.01% Rule

The 0.01% Rule quiz tests your understanding of the concept of the 0.01% rule, which states that the top 0.01% of earners in a society receive a disproportionately large share of the total income.

5 Questions Published

Questions

Question 1 Multiple Choice (Single Answer)

What is the 0.01% rule?

  1. The top 0.01% of earners in a society receive a disproportionately large share of the total income.
  2. The top 0.01% of earners in a society pay a disproportionately large share of the total taxes.
  3. The top 0.01% of earners in a society own a disproportionately large share of the total wealth.
  4. The top 0.01% of earners in a society have a disproportionately large say in government policy.
Question 2 Multiple Choice (Single Answer)

What is the evidence for the 0.01% rule?

  1. Studies have shown that the top 0.01% of earners in a society have seen their incomes grow much faster than the incomes of the rest of the population.
  2. Studies have shown that the top 0.01% of earners in a society own a disproportionately large share of the total wealth.
  3. Studies have shown that the top 0.01% of earners in a society have a disproportionately large say in government policy.
  4. All of the above.
Question 3 Multiple Choice (Single Answer)

What are the implications of the 0.01% rule?

  1. The 0.01% rule is a sign of a healthy economy.
  2. The 0.01% rule is a sign of a sick economy.
  3. The 0.01% rule is a sign of a fair economy.
  4. The 0.01% rule is a sign of an unfair economy.
Question 4 Multiple Choice (Single Answer)

What can be done to address the 0.01% rule?

  1. Raise taxes on the top 0.01% of earners.
  2. Increase government spending on social programs.
  3. Strengthen labor unions.
  4. All of the above.
Question 5 Multiple Choice (Single Answer)

What is the future of the 0.01% rule?

  1. The 0.01% rule will continue to grow.
  2. The 0.01% rule will eventually disappear.
  3. The 0.01% rule will remain the same.
  4. It is impossible to predict the future of the 0.01% rule.