Edexcel A-Level Economics A2 4.3.4 2b Measurements of Inequality the Lorenz Curve the Gini Coefficient Questions

Practise interpreting Lorenz curves and Gini coefficient charts to decide whether income distribution is becoming more or less equal.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
A2

Exam points

  • infer whether inequality rose or fell from Gini levels and percentage-point movements
  • translate a Lorenz curve moving closer to or away from equality into a lower or higher Gini

Edexcel A-Level Economics A2 4.3.4 2b Measurements of Inequality the Lorenz Curve the Gini Coefficient Questions question 1

[Maximum number: 1]

The chart shows the Dominican Republic's Gini coefficient, expressed as a percentage, between 2018 and 2021.

Figure for Question Edexcel A-Level Economics A2 4.3.4 2b Measurements of Inequality the Lorenz Curve the Gini Coefficient Questions question 1 — Edexcel A-Level Economics A2

Which one of the following can be deduced from this chart?

A

Between 2018 and 2021 the Lorenz curve shifted closer to the line of perfect equality

B

Between 2018 and 2019 the distribution of income became more unequal

C

Between 2019 and 2020 there was perfect income inequality

D

Between 2020 and 2021 income inequality increased by approximately 1.1\%

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