Greater economic efficiency often leads to greater economic inequality

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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The biggest advantage of capitalism is that

a. It generates wealth with the help of government intervention b. Prices hinder in moving assets from high-value to low-value uses c. It forces involuntary exchanges d. It creates wealth by letting a person follow his or her own self-interest

Economics

As conventionally measured, budget deficit and surplus calculations include the revenues and expenditures of

a. only current government operations; government trust funds are omitted. b. all government trust funds except Social Security. c. the Social Security Trust Fund, but other government trust funds are omitted. d. all government trust funds, including Social Security.

Economics