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?
- AAll three countries have seen an overall improvement in income equality.
- BCosta Rica has the highest level of consumer income of all three countries.
- CNew Zealand's income inequality worsened between 2018 and 2020.
- 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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