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Looking at the global wealth pyramid presented below, one discovers interesting indicators of the distribution of wealth worldwide. From the following, please identify the correct two as well as the two incorrect statements. Statement :About 1.7 billion people – just over 35% of the global adult population – have wealth of less than $10,000.                                                    Statement 2: 1 billion– a fifth of the world’s population – are in the $10,000-$100,000 range.                                                    Statement 3: Approximately 383 million adults – 8% of the population – has wealth of more than $100,000.                                                    Statement 4: 3.4 million adults— 1% of the world population—are technically millionaires

Looking at the global wealth pyramid presented below, one discovers interesting indicators of the distribution of wealth worldwide. From the following, please identify the correct two as well as the two incorrect statements. Statement :About 1.7 billion people – just over 35% of the global adult population – have wealth of less than $10,000.                                                    Statement 2: 1 billion– a fifth of the world’s population – are in the $10,000-$100,000 range.                                                    Statement 3: Approximately 383 million adults – 8% of the population – has wealth of more than $100,000.                                                    Statement 4: 3.4 million adults— 1% of the world population—are technically millionaires

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Looking at the global wealth pyramid presented below, one discovers interesting indicators of the distribution of wealth worldwide.

From the following, please identify the correct two as well as the two incorrect statements.

Statement :About 1.7 billion people – just over 35% of the global adult population – have wealth of less than $10,000.
 
                                              
 
Statement 2: 1 billion– a fifth of the world’s population – are in the $10,000-$100,000 range.
 
                                              
 
Statement 3: Approximately 383 million adults – 8% of the population – has wealth of more than $100,000.
 
                                              
 
Statement 4: 3.4 million adults— 1% of the world population—are technically millionaires
The global wealth pyramid 34 m (0.7%) > USD 1 milion USD 112.9 trm (45.2%) 349 m USD 100,000to 1 milion USD 98.5 tm (39.4%) (7.4%) USD 10,000 to 100,000 1,003 m (21.0%) USD 313 trn (12.5%) < USD 10,000 3,386 m (71.0%) USD 7.4 trm (3.0%) Wealth Total wealth range (percent of world) Number of adults (percent of world population) Source: James Davies, Rodrgo Lluberas and Anthony Shorocks, Credt Suisse Global Wealth Databook 2015
Transcribed Image Text:The global wealth pyramid 34 m (0.7%) > USD 1 milion USD 112.9 trm (45.2%) 349 m USD 100,000to 1 milion USD 98.5 tm (39.4%) (7.4%) USD 10,000 to 100,000 1,003 m (21.0%) USD 313 trn (12.5%) < USD 10,000 3,386 m (71.0%) USD 7.4 trm (3.0%) Wealth Total wealth range (percent of world) Number of adults (percent of world population) Source: James Davies, Rodrgo Lluberas and Anthony Shorocks, Credt Suisse Global Wealth Databook 2015
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