Economics (AS & A Level) · Oct / Nov 2022 · Paper 11 · Question 15
9708Addressing income and wealth inequality
The diagram shows the percentages of those on low pay and those on extremely low pay in a country from 1976 to 2012. A national minimum wage was introduced in 1999. Which conclusion is consistent with the diagram?
- AThe minimum wage helped the low paid more than the extremely low paid.
- BThe minimum wage reduced the numbers of both low paid and extremely low paid.
- CThe minimum wage reversed the trend in low pay of the previous 20 years.
- DThe minimum wage was responsible for the largest reduction of low pay in the period.
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Correct answer: C. The minimum wage reversed the trend in low pay of the previous 20 years.
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