A-LevelEconomicsGovernment macroeconomic intervention9708/12 · Oct/Nov 2024 · Q131 Mark
Inequality in an economy can be categorised as either income inequality or wealth inequality. What is most likely to cause greater wealth inequality than income inequality?
Aan increase in indirect taxation
Ban increase in the value of property
Creduction in the minimum wage
Dreduction in the rate of interest paid on savings
✓ Correct answer
B: an increase in the value of property
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