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1.7 The distribution of income and wealth: poverty and inequality (A-level only)

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Question 12

Which one of the following statements concerning the distribution of income and wealth is correct?

A distribution of wealth is equitable only if all households hold identical assets.

'The current distribution of income is fair' is a positive economic statement.

An unequal distribution of wealth is, by definition, inequitable.

Deciding whether a government should redistribute income depends on a value judgement.

1.7 The distribution of income and wealth: poverty and inequality (A-level only) Questions

  1. A Level
  2. /Economics
  3. /1.7 The distribution of income and wealth: poverty and inequality (A-level only)