Problem:
Country has of the world's population and owns of the world's wealth. Country has of the world's population and of its wealth. Assume that the citizens of share the wealth of equally, and assume that those of share the wealth of equally. Find the ratio of the wealth of a citizen of to the wealth of a citizen of .
Answer Choices:
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Solution:
Let be the world's population and be its wealth. Then the citizens of together own units of wealth, so each citizen of owns units of wealth. Similarly, each citizen of owns units of wealth. The required ratio is therefore .