Which of the following correctly describes the relationship between economic efficiency and economic equity?
A) There is often a trade-off between the two.
B) There is no conflict between the two goals.
C) They always call for opposite outcomes.
D) They are both automatically achieved in a free market economy.
A
Economics
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When investment increases, the ________ in aggregate demand is ________ the change in investment
A) increase; the same as B) increase; greater than C) decrease; greater than D) decrease; the same as E) increase; smaller than
Economics
One result of a decrease in aggregate demand and no change in aggregate supply is
A) a recession. B) an increase in employment levels. C) an economic expansion. D) a rise in the price level.
Economics