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  1. Revision notes
  2. IB Diploma
  3. Economics
  4. Economics: IB Diploma
  5. End of Topic Test - Poverty & Inequality

End of Topic Test - Poverty & Inequality

Economics: IB Diploma, topic 2.4.9

Test yourself on End of Topic Test - Poverty & Inequality

  • Which of the following would NOT widen the distribution of income?

  • Which statement is true?

  • What does a Lorenz curve show?

  • Which statement is true?

Practise this topic for free
Previous topic2.4.8 Government Policy on PovertyNext topic2.4.10 Application - Inequality & Poverty

Economics: IB Diploma contents

  1. 1 Microeconomics

    • 1.1 Competitive Markets: Demand & Suply

      • 1.1.1 Markets & Demand
      • 1.1.2 Diminishing Marginal Returns
      • 1.1.3 Supply
      • 1.1.4 Market Equilibrium
      • 1.1.5 Price Mechanism
      • 1.1.6 Consumer & Producer Surplus
      • 1.1.7 IB Multiple Choice - Demand
      • 1.1.8 IB Multiple Choice - Supply
    • 1.2 Elasticity

      • 1.2.1 Elasticities of Demand
      • 1.2.2 Factors Affecting Price Elasticity of Demand
      • 1.2.3 Elasticity of Supply
      • 1.2.4 Price Elasticity of Supply
      • 1.2.5 IB Multiple Choice - Price Elasticity of Demand
      • 1.2.6 IB Multiple Choice - Price Elasticity of Supply
      • 1.2.7 IB Multiple Choice - Other Elasticities
    • 1.3 Government Intervention

      • 1.3.1 Indirect Taxes & Subsidies
      • 1.3.2 Application Question - Taxing Prices or Quantities
      • 1.3.3 Subsidies & Price Controls
      • 1.3.4 Deadweight Loss & Government Intervention
      • 1.3.5 Elasticity & Tax Incidence
      • 1.3.6 IB Multiple Choice - Government Intervention
    • 1.4 Market Failure

      • 1.4.1 Types of Market Failure
      • 1.4.2 Introduction to Externalities
      • 1.4.3 Negative Externalities
      • 1.4.4 Policy for Negative Externalities
      • 1.4.5 Positive Externalities
      • 1.4.6 The Deadweight Welfare Loss of Externalities
      • 1.4.7 Case Study - The Externalities of Education
      • 1.4.8 Public Goods & the Free-Rider Problem
      • 1.4.9 Asymmetric Information
      • 1.4.10 End of Topic Test - Market Failure
      • 1.4.11 Application Questions - Market Failure
    • 1.5 HL: Theory of the Firm & Market Structures

      • 1.5.1 Theory of the Firm & Market Structures
  2. 2 Macroeconomics

    • 2.1 The Level of Overall Economic Activity

      • 2.1.1 The Circular Flow of Income
      • 2.1.2 Defining GDP
      • 2.1.3 Limitations of GDP
      • 2.1.4 IB Multiple Choice - Economic Indicators
      • 2.1.5 Business Cycles
      • 2.1.6 Output Gaps
    • 2.2 Aggregate Demand & Aggregate Supply

      • 2.2.1 The Aggregate Demand Curve
      • 2.2.2 Components of Aggregate Demand
      • 2.2.3 Shape of the Aggregate Demand Curve
      • 2.2.4 Shifts in Aggregate Demand
      • 2.2.5 IB Multiple Choice - Aggregate Demand
      • 2.2.6 Short & Long-Run Aggregate Supply
      • 2.2.7 Alternative Models of LRAS
      • 2.2.8 Equilibrium in the AD-AS Model
      • 2.2.9 Output Gaps & the AD-AS Model
    • 2.3 Macroeconomic Objectives

      • 2.3.1 Introduction to Unemployment
      • 2.3.2 Limitations of Unemployment
      • 2.3.3 Types of Unemployment
      • 2.3.4 Causes & Impact of Unemployment
      • 2.3.5 Defining Inflation
      • 2.3.6 Measuring Inflation
      • 2.3.7 Use of Index Numbers
      • 2.3.8 The Consumer Price Index
      • 2.3.9 Consequences of Inflation
      • 2.3.10 Causes of Inflation
      • 2.3.11 Inflation & Unemployment Tradeoff
      • 2.3.12 The Short-Run Phillips Curve
      • 2.3.13 The Long-Run Phillips Curve
    • 2.4 Economic Growth, Poverty & Inequality

      • 2.4.1 Measuring Economic Growth
      • 2.4.2 Determinants of Productivity
      • 2.4.3 Economic Growth & Productivity
      • 2.4.4 Absolute & Relative Poverty
      • 2.4.5 Inequality
      • 2.4.6 Inequality 2
      • 2.4.7 Lorenz Curve
      • 2.4.8 Government Policy on Poverty
      • 2.4.9 End of Topic Test - Poverty & Inequality
      • 2.4.10 Application - Inequality & Poverty
    • 2.5 Fiscal Policy

      • 2.5.1 Introduction to Fiscal Policy
      • 2.5.2 Fiscal Policy and AD-AS Model
      • 2.5.3 Fiscal Policy Lags
      • 2.5.4 Automatic Stabilizers
      • 2.5.5 IB Multiple Choice - Fiscal Policy
    • 2.6 Monetary Policy

      • 2.6.1 Objectives of Monetary Policy
      • 2.6.2 Monetary Policy Implementation
      • 2.6.3 Monetary Policy & AD-AS Model
      • 2.6.4 Monetary Policy Lags & Pitfalls
    • 2.7 Supply-Side Policies

      • 2.7.1 Supply-Side Policies
      • 2.7.2 Supply-Side Policies 2
  3. 3 The Global Economy

    • 3.1 International Trade

      • 3.1.1 Globalisation
      • 3.1.2 Globalisation for LEDCs
      • 3.1.3 Globalisation for MEDCs
      • 3.1.4 Comparative Advantage & Trade
      • 3.1.5 Protectionism
      • 3.1.6 Arguments for Protectionism
      • 3.1.7 Arguments Against Protectionism
      • 3.1.8 End of Topic Test - Globalisation & Trade
      • 3.1.9 Case Study - Globalisation & Trade
    • 3.2 Exchange Rates

      • 3.2.1 Floating Exchange Rates
      • 3.2.2 Fixed Exchange Rate
      • 3.2.3 Effect of a Stronger & Weaker Dollar
    • 3.3 The Balance of Payments

      • 3.3.1 Balance of Payments
      • 3.3.2 Balance of Payments 2
      • 3.3.3 FDI & Reducing a BoP Deficit
    • 3.4 Economic Integration

      • 3.4.1 Customs Unions & WTO
      • 3.4.2 Merged Currency
    • 3.5 Terms of Trade

      • 3.5.1 Absolute & Comparative Advantage
      • 3.5.2 Gains from Trade
      • 3.5.3 Terms of Trade
      • 3.5.4 IB Multiple Choice - Comparative Advantage & Trade
    • 3.6 Economic Development

      • 3.6.1 Factors Influencing Growth & Development
      • 3.6.2 International Institutions
      • 3.6.3 Measures of Development
      • 3.6.4 Barriers to Development
      • 3.6.5 Case Study - The Bottom Billion
      • 3.6.6 End of Topic Test - Emerging & Developing
    • 3.7 The Role of Domestic & International Factors

      • 3.7.1 Interventionist Strategies
      • 3.7.2 Development Strategies
      • 3.7.3 Development Promotion Policies
      • 3.7.4 End of Topic Test - Growth & Global Development
      • 3.7.5 Application Questions -Growth & Global Development
    • 3.8 The Role of International Trade

      • 3.8.1 International Institutions
      • 3.8.2 End of Topic Test - Globalisation & Trade
    • 3.9 The Role of Foreign Aid

      • 3.9.1 Aid
      • 3.9.2 Limitations of Aid
      • 3.9.3 Support for Aid
      • 3.9.4 Application Questions - Developing Countries

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