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Income distribution and welfare

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Question 21

What does the data in the table indicate has happened in the economy from 2018 to 2022?

YearGini coefficient
20180.44
20190.42
20200.41
20210.38
20220.35

The distribution of wealth has become perfectly equal

Overall GDP per capita has decreased

The distribution of income has become more equal

The distribution of income has become more unequal

Income distribution and welfare Questions

  1. A Level
  2. /Economics
  3. /Income distribution and welfare