critics of the wealth gap might argue that
a. economic growth will likely decline over time
b. the upper classes cannot help create new jobs
c. the wealthy become unable to make investments
d. buying power exceeds the supply from producers
Answers
Hi friends, thank you for asking this question. I find it very interesting and I'll answer it so it might be helpful to you.
The wealth gap comes from assets and net worth, assets minus debts. It doesn't come from looking at income only. Wealth gap is different from income gap.
From the given options:
a) economic growth will likely decline over time
b) the upper classes cannot help create new jobs
c) the wealthy become unable to make investments
d) buying power exceeds the supply from producers
The answer that I'd choose is c. As wealth gap increases, the wealthy become unable to make investments.
Hope my answer for the above question will be the correct one:
Critics of the wealth gap might argue that the upper classes cannot help create new jobs because they are planning and finding the way to safeguard their money rather than investing the money in the new businesses which helps people get more job opportunities, so option B is the correct answer.