A survey records the share of total household income received by the poorest and richest fifths in two years.
| Year | Poorest fifth | Richest fifth |
|---|---|---|
| 1 | 8% | 32% |
| 2 | 6% | 36% |
Calculate the quintile ratio for each year and explain what the change suggests about the distribution of income.
64 exam-style questions on OCR GCSE Economics 3.3 Fair distribution of income, covering 3.3.1 Distribution of income and wealth, 3.3.2 Calculate income and wealth, and 3.3.3 Causes and consequences of income differences. Each one has a worked solution and a mark scheme showing where the marks go.