Question

The Environmental Kuznets Curve (EKC) shows the relationship between per capita GDP and environmental loss. What is the shape of Environmental Kuznets Curve?

  1. Inverted 'U' shaped
  2. Inverted 'V' shaped
  3. Onverted 'L' shaped
  4. None of these

Answer:

Option A: Inverted 'U' shaped

Detailed Solution:

The correct answer is “Inverted 'U' shaped”.

The Environmental Kuznets Curve (EKC) is often used to describe the relationship between economic growth and environmental quality.

It refers to the hypothesis of an inverted U-shaped relationship between economic output per capita and some measures of environmental quality.