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What does income inequality measure?
A
Income inequality is the uneven distribution of income between households or individuals over a period.
B
Income inequality is the uneven distribution of income between firms and consumers at a point in time.
C
Income inequality is the unequal access to public services between households or individuals over a period.
D
Income inequality is the uneven distribution of owned assets between households or individuals at a point in time.
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3.3.3 economic reasons for inequality of income and wealth Flashcards
23 flashcards on CIE Intl A Level Economics 3.3.3 economic reasons for inequality of income and wealth: the key terms and definitions you need to recall.