Economics 0455 · IGCSE · Living standards

Living standards — practice question

The table presents the distribution of income, as measured by GDP, for three countries in one year. What conclusion can be drawn from the table?

  • AThe lowest 20% of households in the US have lower incomes than the lowest 20% of households in Mexico.
  • BThe lowest 40% of households in Belgium receive a larger share of the country’s income than the highest 20% of households.
  • CThe distribution of income is most equal in Belgium.
  • DThe highest 20% of households in the US receive half of the country’s income.

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI