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Question Practice

If a country's National Income is high but it has significant income inequality, what can be inferred?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
National Income Accounting
Question Bank

If a country's National Income...

Single Answer MCQ
Q-00106727

If a country's National Income is high but it has significant income inequality, what can be inferred?

1

Wealth is evenly distributed

2

National Income is only beneficial to a portion of the population

3

High National Income leads to low poverty

4

Wealth distribution does not matter

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