Question

. According to K.C. Fung’s class lecture notes (2019), an Environmental Kuznets Curve a) postulates that as an economy grows starting from low level of per capita income, environmental degradation will tend to worsen, but as income per capita rises, there will be a turning point when environmental degradation will tend to improve if further economic growth takes place b) postulates that as an economy grows, environmental degradation will always worsen c) postulates that there is no relationship between environmental quality and economic growth d) (a) and (c)

Answer 1

Answer:

a) postulates that as an economy grows starting from low level of per capita income, environmental degradation will tend to worsen, but as income per capita rises, there will be a turning point when environmental degradation will tend to improve if further economic growth takes place.