The growth produced with markets1 does not affect the level, Ask an Expert

Economics

The growth produced with markets:

1. Does not affect the level of per capita income.

2. Does not affect the distribution of income.

3. Increases the level of per capita income and creates a more equitable distribution of income as well usually.

4. Increases the level of per capita income however may make the distribution of income less equitable. Review

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91224421

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