The table below shows the distribution of total income in an economy in 2015 and 2022.
| Year | Bottom fifth (%) | Next fifth (%) | Middle fifth (%) | Next fifth (%) | Top fifth (%) |
|---|---|---|---|---|---|
| 2015 | 9 | 12 | 17 | 24 | 38 |
| 2022 | 6 | 10 | 16 | 24 | 44 |
From the table it may be concluded that, over the period in question,
the standard of living of all households fell.
the distribution of income became more unequal.
the absolute poverty rate increased significantly.
the distribution of wealth became more equal.
