Crunched: is the inequality gap really widening?

What is the main reason for the rising public concern about inequality in the UK?

• Public perception of inequality has increased despite stable Gini trends.

• The financial crisis has ended.

• The Gini coefficient has been increasing rapidly.

• The UK has the lowest inequality in the OECD.

Which country has the highest Gini coefficient in the OECD?

• United Kingdom

• Turkey

• Chile

• Israel

How does the Gini coefficient change when housing costs are considered?

• It decreases.

• It increases slightly.

• It becomes irrelevant.

• It remains the same.

What is a limitation of the Gini coefficient?

• It is not used internationally.

• It misses extreme income disparities.

• It does not account for housing costs.

• It only measures wealth, not income.

What historical event is described as a 'great leveller' in terms of income distribution?

• World War II

• The Industrial Revolution

• The Brexit Referendum

• The 2008 Financial Crisis

According to the Resolution Foundation, what exacerbates inequality if it is already high?

• Rapid technological advancement

• Lack of economic growth

• High immigration rates

• Increased taxation

What is the trend in income growth across the income distribution post-recession?

• Significant growth for all

• Decline for the poorest

• Growth only for the richest

• Flat growth for everyone

What additional factors contribute to the concern about inequality in the UK?

• Decreased education levels

• Increased foreign investments

• Political divides and social inequalities

• Technological advancements

What is the perceived link between wealth and opportunity in the UK?

• Wealth limits opportunities

• Opportunity is unrelated to wealth

• Wealth increases opportunities

• Wealth guarantees success

Why is economic growth important in addressing inequality concerns?

• It decreases the population.

• It reduces the Gini coefficient.

• It increases public spending.

• It raises expectations and optimism.