Ayushi Asked a Question
August 13, 2020 11:22 pmpts 30 pts
13. According to Simon Kuznets the relationship between Gross National Product per capita and inequality in the distribution of income can be expressed as (1) Decreasing Relationship (2) Increasing Relationship (3) First increasing and then decreasing relationship (4) No Relationship
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  • Nidhi taparia Best Answer
    The answer is (3). Kuznets stated that with increasing GDP, inequality first rises and then falls. Also called inverted U hypothesis.
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