Unit 3: Macroeconomics

Topic 3.4: Economics of Inequality and Poverty Questions

Practice 20 exam-style questions for IB Economics Topic 3.4. Review the question stems below, then unlock the full Question Bank to access markschemes, model answers, and AI grading.

11 mark
Progressive taxation helps reduce income inequality because:
Markscheme and model answer locked
Unlock Question
21 mark
The Gini coefficient is a measure of:
Markscheme and model answer locked
Unlock Question
31 mark
The Lorenz curve is used to:
Markscheme and model answer locked
Unlock Question
41 mark
Transfer payments are a tool for reducing inequality because they:
Markscheme and model answer locked
Unlock Question
51 mark
Minimum wage legislation aims to reduce poverty by:
Markscheme and model answer locked
Unlock Question
61 mark
Progressive taxation helps reduce income inequality because:
Markscheme and model answer locked
Unlock Question
71 mark
Transfer payments are a tool for reducing inequality because they:
Markscheme and model answer locked
Unlock Question
81 mark
Minimum wage legislation aims to reduce poverty by:
Markscheme and model answer locked
Unlock Question
91 mark
The Lorenz curve is used to:
Markscheme and model answer locked
Unlock Question
101 mark
The Gini coefficient is a measure of:
Markscheme and model answer locked
Unlock Question
111 mark
A potential consequence of high income inequality in a society is:
Markscheme and model answer locked
Unlock Question
124 marks
Explain two causes of income inequality within a country.
Markscheme and model answer locked
Unlock Question
134 marks
Explain two policies a government could use to reduce income inequality.
Markscheme and model answer locked
Unlock Question
144 marks
Distinguish between absolute poverty and relative poverty.
Markscheme and model answer locked
Unlock Question
151 mark
A country's Gini coefficient decreases from 0.55 to 0.40. This indicates that:
Markscheme and model answer locked
Unlock Question
161 mark
A country's Gini coefficient decreases from 0.55 to 0.40. This indicates that:
Markscheme and model answer locked
Unlock Question
171 mark
The difference between absolute poverty and relative poverty is that:
Markscheme and model answer locked
Unlock Question
181 mark
A potential consequence of high income inequality in a society is:
Markscheme and model answer locked
Unlock Question
191 mark
The difference between absolute poverty and relative poverty is that:
Markscheme and model answer locked
Unlock Question
204 marks
Explain two policies a government could use to reduce income inequality.
Markscheme and model answer locked
Unlock Question

Ready to practice Topic 3.4?

Get instant AI feedback on your answers, view detailed markschemes, and track your progress across all IB Economics topics.

Start Practising Now