Income Inequality — MCQ Practice
Interactive MCQ Practice
Test your knowledge. Click “Solve” to reveal options, select your answer, then check the result. 5 questions available.
Four incomes are 10,20,30 and 40 units. The highest rises to 140 while the others stay unchanged. What happens to the mean and median?
Each income in a non-negative distribution doubles. Which statement correctly distinguishes relative inequality from an absolute income gap?
One report gives a consumption Gini of 23.0, while another gives the top 1 per cent’s income share as 22.6 per cent. How should these figures be compared?
Two sources report Gini values of 0.30 and 30 for the same non-negative distribution. What is the most likely explanation if their methods otherwise match?
A fixed illustrative poverty line is 15 units. Incomes 10,20,30 and 40 all double. Which outcome follows?