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AnnZ [28]
3 years ago
14

The impact of Inequality on businesses​

Business
1 answer:
ivanzaharov [21]3 years ago
3 0

Answer: Plainly put, extreme income inequality, such as the kind found in Sub-Saharan Africa and South Asia, cause economic inefficiency. The relatively wealthy tend to save a much higher proportion of their income than the poor. In order to grow economically, a society must have robust rates of consumption. However, if most of the wealth of a country is owned by a very small percentage of its population, that wealth is saved, not spent. These savings are then invested by individuals and financial institutions.

Explanation:

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4 0
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4 0
3 years ago
A company has net income of $130,500. Its net sales were $1,740,000 and its total assets were $2,750,000. Its profit margin equa
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True

Explanation:

The profit margin calculation is shown below:

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