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Maharashtra State Service Pre 2026 PracticeMedium

Q.Match the following economic curves with the relationships they depict: (A) Laffer Curve (B) Phillips Curve (C) Lorenz Curve (D) Kuznets Curve (i) Economic growth versus Income inequality / Environmental degradation (ii) Tax rates versus Total tax revenue collected by the government (iii) Cumulative percentage of income versus Cumulative percentage of population (iv) Rate of Inflation versus Rate of Unemployment

a
(1) (A)-(ii), (B)-(iv), (C)-(iii), (D)-(i)
b
(2) (A)-(iii), (B)-(ii), (C)-(iv), (D)-(i)
c
(3) (A)-(ii), (B)-(i), (C)-(iii), (D)-(iv)
d
(4) (A)-(iv), (B)-(iii), (C)-(i), (D)-(ii)

Correct Answer: Option A

The correct solution involves applying the fundamental concept to derive the final value step by step...

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