Inequality — Edexcel Past Paper Questions

Evaluate microeconomic and macroeconomic policies that could be used to reduce inequality in the UK.

One of two options in Section A — candidates answered this or the other.

4.2.2 Inequality

Using a Lorenz curve diagram, explain how income inequality is measured using the Gini coefficient. Refer to Extract A in your answer.

4.2.2 Inequality

With reference to Figure 1 and Extract A, examine two likely causes of income inequality within the UK.

4.2.2 Inequality

In terms of income distribution and wealth distribution Brazil is one of the most unequal countries in the world. Its income Gini coefficient is 0.449 and it is ranked number 2 in the world for its wealth inequality. Evaluate possible economic causes of income and wealth inequalities within a country such as Brazil. (Source: https://www.gfmag.com/)

One of two options in Section C — candidates answered this or the other.

4.2.2 Inequality

Apart from changes in indirect taxes and subsidies, examine two causes of income inequality within a developed economy such as the UK.

4.2.2 Inequality

Assess the view that ‘some level of inequality is desirable to maintain an appropriate incentive structure in the economy’ (Extract B, lines 19 and 20).

4.2.2 Inequality