Economic Inequality Quiz

What is the Gini index used to estimate?

• Race distribution

• Educational background distribution

• Income distribution

• Gender distribution

What does a Gini index of 1 indicate?

• Perfect equality

• Moderate inequality

• No inequality

• Extreme inequality

What does a Gini index of 0 indicate?

• Extreme inequality

• No inequality

• Moderate inequality

• Perfect equality

Which country has kept its Gini index below 0.32 since 1979?

• France

• Ireland

• China

• Germany

What is one way to reduce economic inequality through taxes?

• Flat tax system

• Regressive tax system

• Progressive tax system

• No tax system

What can inheritance taxes help reduce?

• Social security programs

• Income inequality

• Wealth accumulation

• Government revenue

What does the government use tax revenues for in Social Security programs?

• Supporting the unemployed

• Supporting the wealthy

• Supporting retirees

• Supporting the youth

What can ensure a higher salary on the market, thus reducing inequality?

• Access to the Internet

• Access to healthcare

• Access to education

• Access to social media platforms

What can multibillionaires buy that can threaten democracy?

• All of the above

• Social media platforms

• News outlets

• Policy think-tanks

What tends to happen to societies if left to their own devices?

• Tend towards equality

• Tend towards inequality

• Remain stagnant

• Experience rapid growth