Question: What does the data indicate the overall relationship between income inequality and the standards of living of a country? Positive relationship for poor countries and

What does the data indicate the overall relationship between income inequality and the standards of living of a country?
Positive relationship for poor countries and negative relationship for rich countries
Positive, as inequality increases the standard of living also increases
Negative, as inequality increases the standard of living decreases
No observable relationship
What does the data indicate the overall

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