Critics of the wealth gap might argue that

A) Buying power exceeds the supply from producers.

B) The upper classes cannot help create new jobs.

C) Economic growth will likely decline over time.

D) The wealthy become unable to make investments.

Answer:

C) Economic growth will likely decline over time.

Explanation:

The wealth gap refers to the unequal distribution of financial assets and resources within a society across individuals or groups. It emphasizes the wealth disparity, in which some people gain enormous assets while others suffer with restricted access to financial resources.

Economic growth is generally caused by an increase in the value of a country’s economic products and services. Money imbalances, as measured by the distribution of pay and wealth, can contribute to lower income mobility, poor economic growth, extremely high levels of household debt, and a higher risk of deflation and financial crisis. In short, the wealth disparity harms the economy by making employees less productive, resulting in lower salaries and, eventually, economic apathy among the lower classes.

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