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Economics (AS & A Level) · Feb / March 2025 · Paper 12 · Question 15

9708Addressing income and wealth inequality

The table shows the Gini coefficient for income in three countries. | | 2018 | 2019 | 2020 | |---|---|---|---| | Costa Rica | 0.479 | 0.478 | 0.497 | | New Zealand | 0.330 | 0.326 | 0.320 | | Sweden | 0.275 | 0.280 | 0.278 | What can be concluded from this data?

  1. AAll three countries have seen an overall improvement in income equality.
  2. BCosta Rica has the highest level of consumer income of all three countries.
  3. CNew Zealand's income inequality worsened between 2018 and 2020.
  4. DSweden's economy has the highest income equality of all three countries.

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Correct answer: D. Sweden's economy has the highest income equality of all three countries.

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