Across
- 5. Disposable income plus indirect government benefits (3 words)
- 10. A line that goes up on a 45-degree angle (2 words)
- 11. Equality: sameness, equity: …?
- 12. One risky reason why someone earns more than another (2 words)
- 14. E.G. Homelessness (2 words)
- 15. When a nation’s resources are making the most they possibly can (2 words)
- 19. An indirect tax targeting higher income earners (3 words)
- 21. JobSeeker is an example (2 words)
- 23. Personal income tax is an example of this type of tax
- 24. This can fall when equity is achieved
- 25. E.G. Public housing (3 words)
- 27. E.G. Ford assembly line workers in Geelong (2 words)
- 28. Five of these are needed to plot the Lorenz Curve
- 29. This income is adjusted by the ABS for household size & composition
- 30. The link between income and wealth
Down
- 1. E.G. Fuel or Tobacco excise (2 words)
- 2. A standard of living that the government strive to achieve for all Australians
- 3. Divided by AREA A + AREA B to get the Gini Coefficient
- 4. Demand when the curve is steep
- 6. A measurement of relative poverty in Australia
- 7. Often occurs during economic downturns (2 words)
- 8. Some argue that this level of income inequality is required
- 9. One cause of income inequality within an economy (2 words)
- 13. Uber Eats and Deliveroo operate in this space (2 words)
- 16. The GST is an example of this type of tax
- 17. Fresh food has it, Big Macs don’t. GST …?
- 18. Five quintiles are needed to plot this (2 words)
- 20. If this is absent, de-merit good production would skyrocket
- 22. Not Factor nor Transfer Income (2 words)
- 26. Consumers see the sunny side of these subsidised merit good (2 words)