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Economics (AS & A Level) · May / June 2024 · Paper 33 · Question 13

9708Equity and redistribution of income and wealth

What will cause a household to be caught in the poverty trap?

  1. AA household earns less than the international poverty line of $2.15 per person per day.
  2. BA household spends more than it earns in a month.
  3. CA household’s earnings rise at a lower rate than the rise in inflation.
  4. DAn extra dollar earnt by a household causes a greater loss in government benefit payments.

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Correct answer: D. An extra dollar earnt by a household causes a greater loss in government benefit payments.

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