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.
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.