Economist Latin America Inequality Quiz

What does the drone’s-eye view of San Isidro illustrate?

• Climate diversity in Argentina

• Urban planning policies

• Stark income inequality

• Migration patterns

Compared to sub-Saharan Africa, Latin America’s inequality is:

• Lower because of higher GDP

• The same due to similar income levels

• Higher, even though it is richer

• Irrelevant due to different metrics

Which country is mentioned as relatively less unequal in Latin America?

• Colombia

• Guatemala

• Peru

• Uruguay

The Gini coefficient measures:

• Poverty levels

• Government welfare spending

• Access to healthcare

• Income inequality

What does a Gini coefficient of 0 represent?

• Maximum inequality

• Total poverty

• Perfect equality

• Maximum taxation

What major trend occurred with inequality in Latin America around 2002?

• It sharply increased

• It plateaued

• It started to decline

• It became unmeasurable

One major factor that helped reduce inequality in the 2000s was:

• Tax increases

• Increased oil exports

• Conditional cash transfers

• Decreased minimum wage

Which program is an example of a conditional cash transfer?

• VAT Refund Scheme

• Bolsa Família

• Rural Education Fund

• Informal Sector Union

What was the primary driver of declining inequality during the 2000s?

• Shrinking informal economy

• Decreased taxation

• Rising wages for the poor

• Declining health care costs

According to Ana María Ibáñez, reducing inequality requires:

• Increasing subsidies

• More government control

• Sustained economic growth

• Elimination of private schools