24) C
The Fair-E coefficient represents the degree of inequality in income distribution, and because this has increased, we can determine that income inequality has not been reduced. So C is the answer.
A – Wrong
We do not know about the overall income of people
B – Wrong
Chart 1 suggests an increase in household income of low earners
D – Wrong
We do not know about the standard of living
E – Wrong
We don’t know anything about the ‘real wealth’