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

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Question 11

The table below shows the shares of total income of different income groups in 2014 and 2020 for an economy.

Income GroupShare of Income in 2014 (%)Share of Income in 2020 (%)
Bottom 10%3.82.1
Bottom 20%8.96.0
Bottom 30%15.211.1
Top 30%49.055.5
Top 20%36.542.0
Top 10%21.027.5

From the data, it may be concluded that over the period in question

the bottom income groups experienced a fall in their absolute level of income.

the distribution of income became more unequal.

the distribution of wealth became more equal.

every individual became better off because total national income rose.

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)