Match List I (Curve)List II (Relationship) (a) Engel curve (i) Tax Revenue – Tax rate (b) Rahn curve…

Matching each curve in List I with its relationship in List II: (a) Engel curve shows the relationship between household income and consumption/expenditure on a good -> (ii) Income – consumption. (b) Rahn curve relates economic performance/income to the size of government spending -> (iv) Govt. Expenditure – per capita Income. (c) Laffer curve depicts the inverted-U relationship between the tax rate and total tax revenue -> (i) Tax Revenue – Tax rate. (d) Kuznets curve (specifically the Environmental Kuznets Curve) depicts the inverted-U relationship between environmental degradation and per capita income -> (iii) Environment – Per capita Income. Therefore, the correct code in the order (a), (b), (c), (d) is (ii) (iv) (i) (iii), which is