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

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Question 21

Which one of the following statements about the distribution of wealth is correct?

A

A highly unequal distribution of wealth is always economically inefficient.

B

An equitable distribution of wealth is one where every citizen holds the same value of assets.

C

Whether a particular distribution of wealth is fair is a normative issue involving value judgements.

D

'The wealthiest 10% of the population owns 45% of national wealth' is a normative statement.

Markscheme

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)

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.

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