A government has a policy of reducing taxes on corporate profits and high-value wealth transfers, while increasing environmental levies, such as carbon taxes on domestic energy and fuel duties.
Distinguish between equity and equality and explain the effects of this government policy on both equity and equality.
76 exam-style questions on AQA A Level Economics 1.7 The distribution of income and wealth: poverty and inequality (A-level only), covering 1.7.1 The distribution of income and wealth, 1.7.2 The problem of poverty, and 1.7.3 Government policies to alleviate poverty and to influence the distribution of income and wealth. Each one has a worked solution and a mark scheme showing where the marks go.