Hypothesis on Growth of Per Capita Income.
The hypothesis that rapid growth of per capita income will be associated with a reduction in poverty is called
- Trickle down hypothesis
- trickle up hypothesis
- U shaped hypothesis
- poverty estimation hypothesis
Trickle down hypothesis
The hypothesis that rapid growth of per capita income will be associated with a reduction in poverty is called trickle down hypothesis. Economic growth is generally calculated from data on GDP and population provided by countries statistical agencies.
