A major research study involving 38 percent of the world's population in developing countries concluded that prices in these countries were much higher than expected.What are the implications of these higher costs in those areas?
A) These economies are growing.
B) Neoliberal policies are working.
C) Wages are matching prices.
D) Inequality is increasing.

Question

Quizplus · Accepted Answer

The higher costs in developing countries imply that inequality is increasing. These higher prices disproportionately affect those with lower incomes, leading to a widening gap between the rich and poor. Additionally, higher prices may limit access to essential goods and services for those living in poverty.

A Major Research Study Involving 38 Percent of the World's