Income inequality is an important concept to understand and measure because it has been shown to be an important constraint on development.

Name: Income inequality is an important concept to understand and measure because it has been shown to be an important constraint on development.
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Question

Quizplus · Accepted Answer

Income inequality can lead to various social and economic problems, such as reduced economic growth, increased poverty rates, and social unrest, which can hinder overall development.

Income Inequality Is an Important Concept to Understand and Measure