To show how income distribution changes, the Kuznets curve graphs gross domestic product per capita against an economic variable X. What is variable X?
- Athe exchange rate
- Bthe level of income inequality
- Cthe price level
- Dthe rate of interest
Economics 9708 · AS & A Level · Taxes and subsidies
To show how income distribution changes, the Kuznets curve graphs gross domestic product per capita against an economic variable X. What is variable X?