The same report claims that the poorest 80% of Americans controlled only 7% of the nation's wealth. About
how many people is this?
O 240,000,000
O 6,000,000
O 24,000,000
O 60,000,000
O 21,000,000
O 7,000,000



Answer :

To provide an answer to this question, we need to determine which quantity of people represents the poorest 80% of the American population. The total population of the United States is not provided here, but we can use an estimate to illustrate the method of calculation. Here are the steps to calculate the number of people representing the poorest 80%: 1. Find the total population of the United States (or use an estimate if the exact number is not provided). 2. Calculate 80% of that total population to identify the number of people in the poorest 80% group. Let's say, for example, the estimated population of the United States is approximately 330 million. The steps would look like this: 1. The estimated total population of the United States is 330,000,000. 2. To find out who makes up the poorest 80%, we calculate 80% of 330,000,000: 80% of 330,000,000 = 0.80 * 330,000,000 = 264,000,000. This means that approximately 264 million people belong to the poorest 80% of Americans. However, this number is not one of the options provided in the multiple-choice list. Looking at the options available, the closest number to our calculated value of 264 million is 240,000,000. This suggests a discrepancy between the estimated population number we used and the actual population number that would be applicable to this question. To match the options provided: - If the population estimate we used is correct, none of the provided options is accurate. - If the population of the United States is assumed to be less than 330 million, the closest option to our calculation would still be 240,000,000 to represent the poorest 80%. It's important to note that to provide an exact answer for this question, the current total population of the United States must be known. Without the exact figure, we can only estimate. However, based on common estimates and the options given, the most likely answer ticking closest to 264,000,000 would be 240,000,000.

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