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According to Simon Kuznets, what drives the decrease in income inequality? According to French economist Thomas Piketty, how does the relationship between the interest rate,
According to Simon Kuznets, what drives the decrease in income inequality? According to French economist Thomas Piketty, how does the relationship between the interest rate, r, and the economic growth rate, g, influence the Great Divergence? Question content area bottom Part 1 According to Simon Kuznets, the decrease in income inequality arises from _______. A. strengthening of labor unions B. progressive income taxation C. market forces in a dynamic economy D. wage and price controls Part 2 French economist Thomas Piketty, says that the Great Divergence is a consequence of _______, where r is the interest rate and g is the economic growth rate. A. r = g B. r not equalsg C. r < g D. r > g
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