4/3 Wed How Economic Ineq Harms Society

What historical event is mentioned as having intuition about inequality?

• The Industrial Revolution

• World War II

• The French Revolution

• The American Revolution

What does the paradox between life expectancy and gross national income illustrate?

• Wealthier countries always have better health outcomes

• There is no direct correlation between a country's wealth and its average life expectancy

• Poorer countries have better social health care systems

• Life expectancy decreases with an increase in a country's wealth

Which measure was used to compare income differences in societies?

• How much richer the top 20% are than the bottom 20%

• The average income of a country

• The ratio of the richest 10% to the poorest 10%

• The difference in income between the middle class and the upper class

What is closely related to inequality in more unequal societies?

• Higher levels of trust

• Lower levels of mental illness

• Higher social mobility

• Lower levels of trust

Which country is mentioned as having more social mobility?

• UK

• USA

• Japan

• Denmark

What is a common feature of more equal societies?

• Both A and B are correct

• Neither A nor B are correct

• Smaller income differences before tax

• Higher taxes and larger welfare states

What kind of stress is most reliably raised by social-evaluative threat?

• Dopamine levels

• Adrenaline levels

• Cortisol levels

• Serotonin levels

How does inequality affect people across the social hierarchy?

• Inequality has no real impact on social outcomes

• Both the rich and poor are affected, but the poor more so

• Only the rich benefit from inequality

• Only the poor are negatively affected

What is NOT a criticism mentioned of the presented data on inequality?

• Confusing correlation with causation

• Ignoring other contributing factors

• Overemphasis on economic growth

• Data selection bias

What is suggested as a way to address inequality?

• Improving education quality

• Expanding the middle class

• Reducing income differences

• Increasing national income