Question

Draw the EKC and explain why it takes the shape that it does

  1. Draw the EKC and explain why it takes the shape that it does

Homework Answers

Answer #1

Environment Kuznets curve (EKC) shows hypothetical relationship between the quality of environment and economic development.

The shape of the curve is inverted U showing that as per capita income increases, the environment worsens because of modern economic growth. However, further increase in per capita income, improves the environment and the level of environmental degradation falls. This decline in environmental degradation starts when the average income reaches a particular point over the course of development.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Draw the ray diagram for newton’s ring experiment. Explain why the rings are circular in shape...
Draw the ray diagram for newton’s ring experiment. Explain why the rings are circular in shape and the center the dark?
Why does the IS curve have the shape that it does? Explain using words and diagrams.
Why does the IS curve have the shape that it does? Explain using words and diagrams.
Why does the J-curve have that shape? Explain carefully using your understanding of the relation between...
Why does the J-curve have that shape? Explain carefully using your understanding of the relation between Marshall-Lerner condition and the J-Curve.
Draw a picture of the shape of an “s” orbital and a “p” orbital. How does...
Draw a picture of the shape of an “s” orbital and a “p” orbital. How does the “1s” orbital differ from a “2s” or a “3s” orbital? How does the “px” orbital differ from a “py” orbital?
Describe the shape of the typical production possibitties curve and explain why it has this shape.
Describe the shape of the typical production possibitties curve and explain why it has this shape.
Draw and explain the aggregate supply curve why does the curve rise more quickly as the...
Draw and explain the aggregate supply curve why does the curve rise more quickly as the level of real GDP rises
what is the molecular shape of a water molecule: linear, trignal planar, or tetrahedral? Explain using...
what is the molecular shape of a water molecule: linear, trignal planar, or tetrahedral? Explain using concepts behind VSEPR theory as to why it takes this shape.
Draw the marginal cost (MC) curve for a typical firm. Why does MC eventually increase? Explain...
Draw the marginal cost (MC) curve for a typical firm. Why does MC eventually increase? Explain fully. Where is MPL maximized along the MC curve? Why? Marginal cost is the slope of which function?
For each of the following, either draw a graph or explain why one does not exist:...
For each of the following, either draw a graph or explain why one does not exist: a) Circuit-free graph, 6 vertices, 4 edges b) Graph, 5 vertices, all of degree 3 c) Complete graph, 4 vertices, has an Euler circuit d) Complete graph, 4 vertices, has a Hamiltonian circuit
Why is MC curve U shape? Explain with the support of relevant diagrams.
Why is MC curve U shape? Explain with the support of relevant diagrams.