IB Economics HL 3.4.3 Measuring inequality Question Bank
Practise IB Economics SL/HL 3.4.3 by applying measuring inequality concepts to exam-style questions.
- Syllabus
- First assessment 2022
- Course
- Economics HL
- Level
- HL
Practise IB Economics SL/HL 3.4.3 by applying measuring inequality concepts to exam-style questions.
The data in Table 2 refer to Kanyaland, a small, open, developing economy in 2019. All data are in billions of Kanyaland dollars (K$).

Table 2
The Gini coefficient in Kanyaland changed from 0.35 in 2010 to 0.52 in 2020. Outline what this change indicates for the economy.
Level
Marks
0
The work does not meet a standard described by the descriptors below.
1
Limited understanding.
For outlining that the Gini coefficient indicates income inequality O R that income inequality has increased.
2
Clear understanding.
For outlining that the Gini coefficient indicates income inequality AND that a higher Gini coefficient indicates that income inequality in the economy has increased. Reference to equity should also be accepted.