Economics (AS & A Level) · Oct / Nov 2025 · Paper 34 · Question 26
What are the variables identified on the axes of a Kuznets curve diagram?
- Avertical (Y) axis variable: cumulative % of income; horizontal (X) axis variable: cumulative % of families
- Bvertical (Y) axis variable: measure of inequality; horizontal (X) axis variable: income per capita
- Cvertical (Y) axis variable: measure of standard of living; horizontal (X) axis variable: economic growth rate
- Dvertical (Y) axis variable: income per capita; horizontal (X) axis variable: optimum population
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Correct answer: B. vertical (Y) axis variable: measure of inequality; horizontal (X) axis variable: income per capita
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