Economics (AS & A Level) · May / June 2021 · Paper 31 · Question 19
The diagram shows the relative position of two countries X and Y on a Kuznets curve. What does the diagram indicate?
- ACountry X collects more income tax than country Y.
- BCountry X has a higher national income than country Y.
- CCountry Y has less income inequality than country X.
- DCountry Y is less economically developed than country X.
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Correct answer: C. Country Y has less income inequality than country X.
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