Economics 9708 · AS & A Level · Taxes and subsidies

Taxes and subsidies — practice question

(a)[3]

Describe what the Gini coefficient means and the range of values it can take.

(b)[3]

Distinguish clearly between absolute poverty and relative poverty.

(c)[6]

Consider whether Table 1.1 supports the view that greater inequality of incomes is associated with poor literacy ratios of females to males and results in greater poverty.

(d)[8]

Use one example of a supply-side policy and one example of a fiscal policy to assess how a government may be able to achieve a greater degree of equality in the distribution of income.

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