#1
Which economic indicator measures the average income per person in a country?
1 answered
#2
What does the Gini coefficient measure?
1 answered
#3
What is the term for the income level below which a person or family is considered poor according to government standards?
1 answered
#4
Which of the following is NOT a consequence of economic inequality?
1 answered
#5
What is a common measure used to determine poverty?
1 answered
#6
Which of the following is a measure of relative poverty?
1 answered
#7
What is the term used to describe the phenomenon where a small percentage of individuals or households possess a majority of a society's wealth?
1 answered
#8
Which factor is considered a primary contributor to the gender pay gap?
1 answered
#9
Which region of the world generally exhibits higher levels of income inequality?
1 answered
#10
Which theory suggests that economic inequality is necessary for promoting productivity and innovation?
1 answered
#11
Which economic concept suggests that as income rises, the proportion of income spent on basic needs decreases?
1 answered
#12
In which country was the Gini coefficient first introduced as a measure of income inequality?
1 answered
#13
Which economic theory argues that government intervention is necessary to address economic inequality and ensure social welfare?
1 answered
#14
Which of the following is NOT a government policy aimed at reducing economic inequality?
1 answered
#15
Which economic theory suggests that economic inequality may naturally increase as economies develop?
1 answered