Economic growth is often used as a measure of well-being in a nation. However, it is possible
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Economic growth is often used as a measure of well-being in a nation. However, it is possible for a country to be growing, while the overall well-being of the nation declines. For years, researchers have tried to determine the type of relationship (direct or inverse) between inequality and economic growth. Why does it appear to be difficult to assess whether there is a direct or inverse relationship between inequality and economic growth?
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