Political Science, asked by Anash1148, 1 year ago

What are the bad results of economic inequality?

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Answered by Kpop4life
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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.

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