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.
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.