The estimated turning point on the Kuznets curve for income inequality is around US$10 500. For a nation with GDP per capita of $8000, what is the most likely outcome?
- AA reduction in GDP per capita will have no effect on income inequality.
- BA reduction in GDP per capita will increase income inequality.
- CAn increase in GDP per capita will have no effect on income inequality.
- DAn increase in GDP per capita will increase income inequality.