Economics · Economic Development
According to Simon Kuznets, what shape does the relationship between economic development and income inequality form over time?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1U-shape
- 2Inverted U-shape✓
- 3V-shape
- 4Inverted V-shape
Correct answer
Inverted U-shape
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