Question

What does income inequality measure?

1. Income inequality measures the extent to which income is evenly distributed across the entire population.
2. Income inequality quantifies how unevenly income is distributed among the population.
3. Income inequality is typically presented as a comparison of income distribution across different social classes only.

• A. ii only
• B. i, iii
• C. iii only
• D. All

Answer 1

Answer:

A. ii only

• Social inequality, on the other hand, has multiple dimensions of which two major ones are

• (i) political inequality and

• (ii) inequality in opportunities (arising from opportunities to access education and health services).

• Income inequality shows the extent to which income is unevenly distributed among the population.