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The Economics of Inequality - Quiz
  • 1. What is the Gini coefficient used to measure?
A) Consumer spending
B) Employment rates
C) Income inequality
D) Economic growth
  • 2. Which country has one of the highest Gini coefficients?
A) Japan
B) Norway
C) South Africa
D) Germany
  • 3. What does the term 'income distribution' refer to?
A) How income is divided among a population
B) The total income of a country
C) Income tax rates
D) The management of national income
  • 4. What is the main purpose of progressive taxation?
A) To encourage investment
B) To reduce income inequality
C) To fund government projects
D) To increase total tax revenue
  • 5. Which factor is commonly linked to increased economic inequality?
A) Higher birth rates
B) Technological advancements
C) Inflation rates
D) Population growth
  • 6. Which of the following is a common cause of wealth inequality?
A) Inheritance
B) Tax reforms for all
C) Universal basic income
D) Minimum wage laws
  • 7. Which demographic group is often disproportionately affected by economic inequality?
A) Retired individuals
B) Single men
C) College graduates
D) Women
  • 8. What role do multinational corporations play in economic inequality?
A) They diversify local economies
B) They eliminate poverty
C) They can exacerbate income disparities
D) They ensure fair wages
  • 9. What is 'capital accumulation'?
A) Spending wealth immediately
B) Redistributing wealth
C) The growth of wealth over time
D) Wasting resources
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