Public policies
a. may be able to improve either economic efficiency or equality.
b. may be able to improve economic efficiency but cannot improve equality.
c. may be able to improve equality but cannot improve economic efficiency.
d. cannot improve either equality or economic efficiency.
a
Economics
You might also like to view...
What is potential GDP? What happens to unemployment when GDP is at its potential?
What will be an ideal response?
Economics
If average cost is decreasing,
A) marginal cost equals average cost. B) marginal cost exceeds average cost. C) marginal cost is less than average cost. D) Not enough information is provided.
Economics