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Kipish [7]
2 years ago
7

Why was uneven distribution of income bad for the economy

History
1 answer:
solniwko [45]2 years ago
5 0

Answer:

Increases in the level of income inequality have a negative long-run effect on the level of GDP per capita. ... The estimates from the interaction model thus suggest that in poor countries, increases in income inequality raise GDP per capita while the opposite is the case in high- and middle-income countries.

Explanation:

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