The table below shows the distribution of total household wealth in an economy for the years 2015 and 2023.
| Household Wealth Decile | 2015 Share of Total Wealth (%) | 2023 Share of Total Wealth (%) |
|---|---|---|
| Poorest 20% | 1.2 | 1.8 |
| Second 20% | 4.8 | 5.5 |
| Third 20% | 11.0 | 12.2 |
| Fourth 20% | 23.0 | 24.5 |
| Richest 20% | 60.0 | 56.0 |
Between 2015 and 2023, which of the following is a correct conclusion?
The absolute value of assets owned by the poorest 20% of households must have increased.
There has been a corresponding reduction in the Gini coefficient for disposable income.
The Gini coefficient for wealth has decreased, indicating a more equal distribution of wealth.
Relative poverty in this economy has been successfully eradicated.
