Two households receive the same annual income, but one owns valuable property and the other has large debts. Which conclusion is correct?
They must have the same wealth because incomes are equal
The indebted household must receive more rent
Equal income does not imply an equal distribution of wealth
Wealth cannot be negative
29 exam-style questions on OCR GCSE Economics 3.3 Fair distribution of income, covering 3.3.1 Distribution of income and wealth, 3.3.2 Calculate income and wealth, and 3.3.3 Causes and consequences of income differences. Each one has a worked solution and a mark scheme showing where the marks go.