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Which of the following are true regarding the income inequality ratio? Group of answer choices A high inequality ratio signifies a more equitable society. The

Which of the following are true regarding the income inequality ratio? Group of answer choices A high inequality ratio signifies a more equitable society. The inequality ratio decreased in the US up until around 1970, after which it has increased steadily. The US has a much higher inequality ratio compared to other rich countries. It measures how many times more the richest 20% in a country earn compared to the poorest 20%

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