English Language · English
Read the text and choose the summary that best captures its core essence: Brazil's growth rate has been low, yet most Brazilians say their financial situation has improved, and they expect it to get even better. This is because most incomes are rising fast, with higher minimum wages an d very low unemployment. The result is falling inequality and a growing middle class - the result of economic stabilization, improved social security an d universal primary education. But despite recent improvements the Brazilian economy is still painfully unequal, with poor Brazilians paying the biggest share of their income in taxes and getting the least back in government services.
- 1Positive employment indicators have successfully masked an unfair fiscal framework that is guaranteed to crash the economy soon.
- 2Macroeconomic stabilization has structurally transformed Brazil, leaving the general populace unaware of any upcoming wealth inequality crises.
- 3With rising nominal incomes and low unemployment, citizens are being misled into believing their overall economy is globally strong.
- 4Most Brazilians feel they have benefited from recent microeconomic shifts, but systemic fiscal inequalities mean the poor continue to be treated unfairly by the state.✓
Correct answer
Most Brazilians feel they have benefited from recent microeconomic shifts, but systemic fiscal inequalities mean the poor continue to be treated unfairly by the state.
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