A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Oct/Nov 2024 · Q41 Mark

Which statement is positive?

AAll taxes should be proportional to income.

Bprogressive tax is a fair tax.

CGreater equality of income is desirable.

DIncome inequality is decreasing.

✓ Correct answer

D: Income inequality is decreasing.

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Topic: Basic economic ideas and resource allocation, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2024 Paper 1 Variant 2, question 4.

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