Economics (AS & A Level) · Oct / Nov 2024 · Paper 12 · Question 13
9708Addressing income and wealth inequality
Inequality in an economy can be categorised as either income inequality or wealth inequality. What is most likely to cause greater wealth inequality than income inequality?
- Aan increase in indirect taxation
- Ban increase in the value of property
- Ca reduction in the minimum wage
- Da reduction in the rate of interest paid on savings
As printed in the paper
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Correct answer: B. an increase in the value of property
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