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.
21 mark
Transfer payments are a tool for reducing inequality because they:
Markscheme and model answer locked
Unlock Question31 mark
Transfer payments are a tool for reducing inequality because they:
Markscheme and model answer locked
Unlock Question51 mark
Minimum wage legislation aims to reduce poverty by:
Markscheme and model answer locked
Unlock Question71 mark
Progressive taxation helps reduce income inequality because:
Markscheme and model answer locked
Unlock Question81 mark
Minimum wage legislation aims to reduce poverty by:
Markscheme and model answer locked
Unlock Question101 mark
Progressive taxation helps reduce income inequality because:
Markscheme and model answer locked
Unlock Question114 marks
Distinguish between absolute poverty and relative poverty.
Markscheme and model answer locked
Unlock Question121 mark
A potential consequence of high income inequality in a society is:
Markscheme and model answer locked
Unlock Question131 mark
The difference between absolute poverty and relative poverty is that:
Markscheme and model answer locked
Unlock Question144 marks
Explain two policies a government could use to reduce income inequality.
Markscheme and model answer locked
Unlock Question151 mark
The difference between absolute poverty and relative poverty is that:
Markscheme and model answer locked
Unlock Question161 mark
A country's Gini coefficient decreases from 0.55 to 0.40. This indicates that:
Markscheme and model answer locked
Unlock Question171 mark
A country's Gini coefficient decreases from 0.55 to 0.40. This indicates that:
Markscheme and model answer locked
Unlock Question184 marks
Explain why poverty can persist even when an economy experiences economic growth.
Markscheme and model answer locked
Unlock Question194 marks
Explain how the Lorenz curve and Gini coefficient measure income inequality.
Markscheme and model answer locked
Unlock Question204 marks
Explain two economic consequences of poverty.
Markscheme and model answer locked
Unlock QuestionReady 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