Economics (AS & A Level) · Feb / March 2021 · Paper 32 · Question 20
9708Characteristics of countries at different levels of development
The diagram shows Lorenz curves for a developed economy. Which combination of supply-side policies would shift the Lorenz curve from X to Y?
- Aincrease / free / increase
- Bincrease / students pay / abolish
- Creduce / free / abolish
- Dreduce / students pay / increase
As printed in the paper
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Correct answer: A. increase / free / increase
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