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Economics (AS & A Level) · May / June 2023 · Paper 33 · Question 27

9708Economic development

To indicate the changing income distribution, the Kuznets curve plots gross domestic product per capita against an economic variable X. What is variable X?

  1. Athe exchange rate
  2. Bthe level of income inequality
  3. Cthe price level
  4. Dthe rate of interest

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Correct answer: B. the level of income inequality

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