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1.7 The distribution of income and wealth: poverty and inequality (A-level only)

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Question 10

Extract C

Table 1: Growth in real disposable household income by income decile in the Republic of San Seriffe, 2008 to 2024

Income DecileReal Disposable Income Growth (%)
1st Decile (Lowest income)8.5%
2nd Decile10.0%
3rd Decile11.5%
4th Decile13.0%
5th Decile15.5%
6th Decile18.5%
7th Decile22.0%
8th Decile27.0%
9th Decile34.0%
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.

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1.7 The distribution of income and wealth: poverty and inequality (A-level only) Questions

  1. A Level
  2. /Economics
  3. /1.7 The distribution of income and wealth: poverty and inequality (A-level only)