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A-LevelEconomicsMacroeconomic Aims / Income and Wealth DistributionMay/June 2017Paper 3 Q151 Mark

The Lorenz curves in the diagram show different distributions of income and of wealth. [Figure 15.1] Income in a country is more equally distributed than wealth. In a period the distribution of income becomes more unequal but the distribution of wealth becomes more equal. Which movement would show the effects of these changes on the distribution of income and wealth within the country?

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About This A-Level Economics Question

This structured question appeared in the Cambridge A-Level Economics (9708) May/June 2017 examination, Paper 3 Variant 2. It tests the topic of Macroeconomic Aims / Income and Wealth Distribution and is worth 1 mark.

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