Table 1: Growth in real disposable household income by income decile in the Republic of San Seriffe, 2008 to 2024
| Income Decile | Real Disposable Income Growth (%) |
|---|---|
| 1st Decile (Lowest income) | 8.5% |
| 2nd Decile | 10.0% |
| 3rd Decile | 11.5% |
| 4th Decile | 13.0% |
| 5th Decile | 15.5% |
| 6th Decile | 18.5% |
| 7th Decile | 22.0% |
| 8th Decile | 27.0% |
| 9th Decile | 34.0% |
| 10th Decile (Highest income) | 45.0% |
Using the data in Extract C (Table 1), calculate the difference between the mean and median rate of growth in real disposable household income across the ten deciles over the period 2008 to 2024.
76 exam-style questions on AQA A Level Economics 1.7 The distribution of income and wealth: poverty and inequality (A-level only), covering 1.7.1 The distribution of income and wealth, 1.7.2 The problem of poverty, and 1.7.3 Government policies to alleviate poverty and to influence the distribution of income and wealth. Each one has a worked solution and a mark scheme showing where the marks go.